METALS-London copper facilitates as exchange pressures stew

Posted Monday 23rd July 2018 11:29:22 AM by Shrigopal

* London Metal Exchange copper facilitated by 0.2 percent to $6,137 a ton by 0212 GMT, after costs a week ago fell for the 6th week consecutively, hitting the most reduced in multi year at $5,988 on Thursday.

* Shanghai Futures Exchange copper was up 0.9 percent at 48,790 yuan ($7,226) a ton.

* TARIFFS: U.S. President Donald Trump on Friday said he was prepared to force duties on all $500 billion of imported products from China, debilitating to raise a conflict over exchange strategy that has frightened budgetary markets.

* TARIFFS: Chinas Commerce Ministry said on Monday it has propelled an against dumping test into imports of tempered steel billet and hot-moved hardened steel sheet and plate from the European Union, Japan, South Korea and Indonesia.