Aluminum, steel most exposed metals to Trump tariffs, Citi says
A 25% tariff as announced by Trump on Monday would likely cause steel prices to rise by $100 to $150 a short ton, the analysts said.
Dalian commodity exchange said on Monday it would raise the transaction fee for the September iron ore contract from March 30, according to a statement on the website of the exchange.
The exchange also said it would raise the margin requirement for speculative trading of iron ore contracts for May and September deliveries to 15% from 12% from settlement on March 30, according to a separate statement.
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