As per the latest updates, Trump government have reduced tariffs on steel imports coming from Turkey to 25% which was increased to 50% almost a week earlier. The government has removed all the other economic sanctions on Turkey on the grounds that the five days ceasefire in Syria had been successful and will remain permanent.
News ID: 7054 Publish Date : 2019/10/23
The restructuring comes after the US reimposed economic sanctions on the country’s vital oil and banking sectors, reducing Tehran’s petrodollars.
News ID: 5173 Publish Date : 2019/07/14
Iran, one of the major billet exporter in MENA region is currently facing economic sanctions from US, owing to which export of steel has been adversely affected. Recently, on 04 Nov’18, US imposed 2nd phase of sanctions targeting the banking, insurance and shipping industry, which has made the exports more difficult.
News ID: 2999 Publish Date : 2018/12/20
Iran recently witnessed second wave of economic sanctions from US which targeted Banking, Insurance and Shipping industry of Iran.
News ID: 2849 Publish Date : 2018/12/08
Iran’s economy minister highlighted the ineffectiveness of the US sanctions recently re-imposed on the Islamic Republic and said the country has become highly experienced in circumventing the economic embargoes.
News ID: 2590 Publish Date : 2018/11/11
At least parts of the European Union’s envisioned mechanisms to facilitate trade and banking relations with Iran will be in place by Nov. 4 when a new set of United States’ sanctions are to be applied against Tehran, a senior diplomat said on Friday.
News ID: 2306 Publish Date : 2018/09/30
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
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Mercuria partners with Zambia on metals trading venture
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Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
