Nickel pushes through technical levels to 2-1/2 year high
LONDON, Jan 10 (Reuters) – Nickel broke through key technical levels to reach its highest since 2015 on Wednesday as a sharply weaker dollar helped push dollar-denominated industrial metals broadly higher by making them cheaper for users of other currencies. “The whole industrial metals complex is being supported by a weaker dollar,” said ING analyst […]
Rio Tinto Receives Binding Offer For Dunkerque For $500 Mln
Jan 10 (Reuters) – Rio Tinto Plc: RECEIVED A BINDING OFFER FROM LIBERTY HOUSE TO ACQUIRE RIO TINTO‘S ALUMINIUM DUNKERQUE SMELTER IN NORTHERN FRANCE FOR $500 MILLION * HAS RECEIVED A BINDING OFFER FROM LIBERTY HOUSE TO ACQUIRE RIO TINTO‘S ALUMINIUM DUNKERQUE SMELTER IN NORTHERN FRANCE FOR $500 MILLION, SUBJECT TO FINAL ADJUSTMENTS * SUBJECT […]
Spot premiums of imported copper lowest in two months
SHANGHAI, Jan 11 (SMM)- Trading in China’s physical imported copper market is likely to stay thin until Chinese New Year with spot premiums under pressure, SMM believes. SMM’s Yangshan copper premium with warehouse warrant dropped to $75.5/mt on Thursday January 11, lowest level since late October last year. This is mainly due to weaker import […]
China zinc output falls 1.5 pct in 2017
BEIJING, Jan 11 (Reuters) – * China’s zinc and zinc alloy production dropped by 1.5 percent in 2017 to 4.73 million tonnes due to low processing fees, inadequate concentrate supply and the impact of strict environmental inspections, Antaike says. * December output fell by 25,000 tonnes from November to 402,000 tonnes on the back of […]
Devisen: Eurokurs kaum verändert
FRANKFURT (dpa-AFX) – Der Kurs des Euro hat sich am Donnerstag kaum bewegt. Am Morgen wurde die Gemeinschaftswährung bei 1,1945 US-Dollar gehandelt und damit etwa zum gleichen Kurs wie am Vorabend. Die Europäische Zentralbank (EZB) hatte den Referenzkurs zuletzt am Mittwochnachmittag auf 1,1992 Dollar festgesetzt. Am Vortag hatte noch eine Kreisemeldung der Nachrichtenagentur Bloomberg für […]
Australia’s Port Hedland clearing out ships as Cyclone Joyce intensifies
SYDNEY, Jan 11 (Reuters) – Australia’s Port Hedland iron ore terminal was clearing all vessels from its harbour on Thursday as a tropical cyclone intensified off the western Australian coast, Pilbara Ports Authority said. The port’s biggest user, global mining giant BHP , said it was monitoring the progress of the storm, known as Cyclone […]
Shanghai nickel jumps on tight stocks, output concerns
BEIJING, Jan 11 (Reuters) – Nickel prices on the Shanghai Futures Exchange (ShFE) climbed as much as 1 percent to their highest in two months on Thursday, tracking a rise in London a day earlier, as concerns over low stock levels and production outages lent support to the market. „Nickel cathode in the warehouses is […]
Gold profitiert vom schwachen Dollar
London/ Frankfurt (Godmode-Trader.de) – Gold – gestern noch deutlich gefallen, heute schon wieder auf dem aufsteigenden Ast. Die Notierung legt am Mittwochnachmittag um ein dreiviertel Prozent auf 1.320 US-Dollar je Feinunze zu. Auf der einen Seite stützt die abwertende US-Währung, während die deutlich gestiegenen Anleiherenditen den Goldpreis belasten. Steigende Zinsen wirken tendenziell belastend für Edelmetalle, […]
Oetinger von tschechischem Metallverarbeiter übernommen
10.01.2018 − Der Aluminiumrecycler Oetinger wechselt zum zweiten Mal in den letzten fünf Jahren den Besitzer. Nach der Insolvenz im Jahr 2013 und dem anschließenden erfolgreichen Neustart unter der Beteiligungsgesellschaft SSVP III hat nun der tschechische Metallverarbeiter Metal Trade Comax (MTC) sämtliche Anteile der Oetinger Aluminium Gruppe übernommen. Das Unternehmen mit Sitz in Velvary, nördlich […]
Liberty House makes binding offer for Rio Tinto’s French aluminium smelter
LONDON, Jan 10 (Reuters) – Liberty House, the industrial arm of British steel tycoon Sanjeev Gupta’s GFG Alliance, said on Wednesday it had made a binding offer for miner Rio Tinto’s aluminium smelter in Dunkirk, France, the largest in Europe. The group said it had chosen to invest in France in part because of a […]