NORTH AMERICAN MORNING BRIEF 04/04: China threatens to match new US steel tariffs; Australia's DBCT force majeure; Shanghai nickel premium at 8-month low

By Julian Luk / April 04, 2018 / www.metalbulletin.com / Article Link

The latest metal markets news and price moves to start the North American day on Wednesday April 4.

Base metals prices edged lower on the London Metal Exchange during morning trading today, as the prospect of a trade war between the United States and China continued to dampen sentiment. Aluminium's three-month price was the only contract to rise and appeared to be in consolidation mode after dropping below $2,000 per tonne on Tuesday for the first time since August 2017. Yet the chances of further stability remains unclear. "With no sign that global on-exchange stock levels are declining or that...

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