Metals &Mining Alert-Daily prices and news:Steel groups support NAFTA re-negotiation

Industrials (/lb): aluminum $0.86 (-1.5%), copper $2.55 (-0.7%), lead $0.95 (-0.2%), molybdenum $7.82 (+0.0%); nickel $4.04 (-0.1%); zinc $1.13 (-1.7%);Precious (/oz): gold $1,280 (+0.0%), silver $17.58 (+0.1%); Steel (/mt): ChinaHRC $485 (+1.9%), SHFE Rebar $439 (-2.1%), MB Scrap Index $266 (-0.1%);Bulks: iron ore (/dmt) $56 (-1.7%), coking coal (/mt) $152 (+0.0%), freight (BCI)1,353 (-1.5%); Energy: Brent (/bbl) $49.50 (-0.9%), WTI (/bbl) $47.40 (-0.5%),natural gas (/mmBtu) $2.98 (-0.6%), thermal coal (/t) $76 (-0.1%).

    NA steel groups urge governments to re-negotiate North American Free TradeAgreement such that it increases NA steel consumption and lifts intra-NAFTAtrade. They outline five tenets: strengthen origin rules/regional value contentrequirements; promote trade enforcement cooperation; establish enforceablecurrency disciplines; set disciplines on conduct of State-Owned Enterprises;and upgrade border infrastructure. (AISI)