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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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May 2019 | Aluminium Weekly Market Tracker


Global markets strained by the US-China trade talk: Market Summary and Analysis


The US President Donald Trump issued an executive order last week targeting Iran's iron, steel, aluminum and copper sectors, the country's largest non-petroleum sources of export revenue, ratcheting up tensions with the Islamic Republic.

Global markets strained by the US-China trade talk Global financial markets remained under selling pressure at the start of a new trading week on Monday May 13 after trade talks between the United States and China ended without a deal being struck. Compounding the bearishness in the market is the fact that the US raised tariffs on $200 billion worth of Chinese goods on Friday, while China responded that it would not surrender to foreign pressure and would implement tariffs of its own on US goods. Trump imposed sanctions on Iran's metal exports The US President Donald Trump issued an executive order last week targeting Iran's iron, steel, aluminum and copper sectors, the country's largest non-petroleum sources of export revenue, ratcheting up tensions with the Islamic Republic. Trump said the prohibition on trading in Iranian metals is aimed at preventing Tehran from developing a nuclear weapon or intercontinental ballistic missiles....

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