Gold prices eased from a one-week high on Wednesday as the dollar strengthened, though safe-haven demand linked to Russia-Ukraine tensions helped cap further losses.
Gold prices climbed for a second straight session to hit a one-week peak on Tuesday as the U.S. dollar pulled back from recent highs, while investors awaited comments from Federal Reserve officials for…
China's announcement that it will end tax rebates on exports of aluminium semi-manufactured products caused market mayhem on Friday and may have major long-term ramifications for the global aluminium…
European steelmakers are calling on the European Commission to limit scrap exports so that the bloc can achieve its sustainable development goals and maintain industrial competitiveness.
Gold prices were subdued after hitting a two-month low on Thursday, pressured by a strong dollar rally, though traders have not lost confidence in a December rate cut following the latest U.S. economic…
US steelmaker Nucor has announced an increase in its weekly spot price (WSP) for hot-rolled coils by $10 per tonne compared to the previous week, to $750 per short tonne. This is evidenced by the company’s…
Gold prices fell to nearly a two-month low on Tuesday in the face of a stronger dollar, optimism about economic growth under a second Trump administration, and a broader market pivot following the Nov.…
Gold prices slipped more than 2% on Monday, weighed down by the greenback's continued rise and the broader implications of Donald Trump's victory on fiscal policy and interest rate cuts.
The Japanese steel industry is feeling a "sense of crisis" as the country's steel imports for the April-September period reached a 10-year high, with supply from China hitting a record high, an executive…
Japan's Nippon Steel (5401.T), opens new tab hopes to close its $15 billion deal to buy US Steel (X.N) by year-end before Republican Donald Trump retakes the White House in January, a senior executive…
Gold prices slipped to a near three-week low on Wednesday, beating a retreat as the dollar jumped after Republican Donald Trump was elected U.S. president in a remarkable political comeback.
Gold prices held steady on Tuesday as market participants braced for the outcome of the U.S. presidential election, with opinion polls suggesting a neck-and-neck race between Democrat candidate Kamala…