METALS-Copper ends flat but trade war pressure builds [Reuters]
Alcoa Corporation (AA)
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Source: Reuters
METALS-Copper ends flat but trade war pressure builds | Reuters Reuters Staff 4 Min Read * LME/ShFE arb: bit.ly/2wZSAEz * GRAPHIC-2018 asset returns: tmsnrt.rs/2jvdmXl * Aluminium jumps to highest since July 24 (Adds closing prices) By Zandi Shabalala LONDON, Aug 8 (Reuters) - Copper ended mostly unchanged on Wednesday as the United States geared up to begin collecting tariffs on a further $16 billion of Chinese goods later this month but a weaker dollar stemmed losses. Benchmark copper on the London Metal Exchange slipped 0.1 percent to $6,168 per tonne in final open outcry trading. The metal used in power and construction rose 0.6 percent in the previous session on short-covering and optimism that China will prop up its economy with stimulus measures. News of the looming tarfiffs overshadowed data showing exports from top metals consumer China surged more than expected in July despite U.S. duties. “Copper is still a metal that is suffering under the trade conflict between the U.S.
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AA
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Sec Filings
- 4/24/24 - Form DEFA14A
- 4/18/24 - Form DEFA14A
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- AA's page on the SEC website