Materials Down on Rate Concerns - Materials Roundup

Dow Jones
Aug 01

Producers of metals, grains and other raw materials fell amid concerns about inflation and borrowing rates.

Rising oil prices and Treasury yields are creating a countervailing force to a weaker dollar, threatening to slow demand for industrial metals.

Canada's government approved the development of what promises to be the largest nickel mine in the Western world, part of Ottawa's efforts to fast-track major projects to offset economic pressures from U.S. tariffs.

 

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