Rio Tinto adds new aluminum production to hot metals market

The blast was centered on a huge barrel-shaped piece of equipment that stores gases released during the steel production process.

The Brazilian steelmaker is also seeking to close a streaming deal next week with a Canadian bank for its mining output in coming years.

Trump's move sendsReut Turkey's lira currency deeper into tailspin

Fitch Solutions Macro Research states that bauxite production growth will remain high over the coming years, as new projects come online in Australia, Indonesia expands exports, India’s production ramps up, and existing projects in Guinea drive growth.

Under the terms of the sanctions, imposed in April in response to Moscow's alleged meddling in the 2016 U.S. election, U.S. customers must wind down business with Rusal by Oct. 23.

The U.S. Commerce Department said it was investigating recent steel price hikes to determine whether some market participants were "illegitimately profiteering" from 25 percent tariffs introduced by Trump on steel imports.

Russia's Rusal is the world's largest aluminium producer outside China.

China alumina, aluminium output set for repeat curbs this winter.

Imports of jewelry, precious metals and stone products would be under the microscope.