United States

Tom Daly

RPT-With copper options, China steps up challenge to London, New York rivals

8:00am EDT

* Shanghai Futures Exchange to launch copper options on Friday

With copper options, China steps up challenge to London, New York rivals

4:57am EDT

BEIJING The Shanghai Futures Exchange (ShFE) will launch copper options trading on Friday, aiming to take a slice of a $270 billion global market in one of its biggest challenges yet to London and New York rivals.

UPDATE 1-Shanghai bourse plans alumina futures draft in commodities derivatives push

4:54am EDT

* China has cracked down on alumina refiners amid smog battle

U.S. gives rare earths reprieve in revised $200 billion China tariff list

Sep 18 2018

BEIJING The United States did not include rare earth elements, metals used in magnets, radars and consumer electronics, from its final list of tariffs on $200 billion of Chinese goods, underscoring its reliance on China for the strategic minerals.

Aluminum maker China Hongqiao slumps as new power fees introduced

Sep 17 2018

BEIJING Shares in top global aluminum producer China Hongqiao Group tumbled a second day after its home province of Shandong announced new fees for onsite power plants.

China's aluminum smelters cut output in August as costs mount

Sep 13 2018

BEIJING China's aluminum producers cut output by 3 percent in August from the month before, government data showed on Friday, as high raw material costs squeeze their profit margins.

Shanghai rebar falls as Tangshan steel mills restore output

Sep 04 2018

BEIJING, Sept 5 Shanghai rebar prices fell as much as 1 percent on Wednesday as mills in Tangshan continued to ramp up output in the absence of fresh environmental curbs in China's top steelmaking city.

UPDATE 1-China's TBEA to invest in 180 mln euro Gabon hydropower project - Gabon official

Sep 01 2018

* OPEC member Gabon looks to diversify economy (Updates throughout)

Beijing summons aluminum foil makers for talks on Mexico anti-dumping probe: sources

Aug 31 2018

BEIJING China's Ministry of Commerce has called domestic aluminum foil makers to a meeting in Beijing on Monday to discuss an anti-dumping probe launched by Mexico, three people with direct knowledge of the matter told Reuters on Friday.

China exporting alumina again as soaring prices upend market

Aug 28 2018

BEIJING/MELBOURNE China is shipping unusually high volumes of alumina for a second time this year to an international market desperate for the ingredient used to make aluminum, traders and analysts said, even as domestic prices rise and put pressure on smelters.

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