Aluminium falls as U.S. lifts sanctions on major producer Rusal
LONDON, Jan 28 (Reuters) – Aluminium prices fell on Monday after the United States lifted sanctions on the world’s second largest aluminium producer United Company Rusal. The United States announced in December its intention to lift the sanctions on Rusal and other Russian firms linked to oligarch Oleg Deripaska which were imposed in April. Benchmark […]
Devisen: Euro fällt unter 1,14 US-Dollar
FRANKFURT (dpa-AFX) – Der Euro ist zu Wochenbeginn um die Marke von 1,14 US-Dollar gependelt. Am späten Montagmorgen kostete die Gemeinschaftswährung 1,1395 Dollar und damit in etwa so viel wie am Freitagabend. Die Europäische Zentralbank (EZB) hatte den Referenzkurs am Freitagnachmittag noch etwas tiefer auf 1,1346 Dollar festgesetzt. Am Devisenmarkt war die Rede von einem […]
Gold: Stimmung auf dem Weg nach oben
New York (GodmodeTrader.de) – Gegen Ende des Jahres 2018 kam es bei Gold zu einer Erholung. Das gelbe Metall konnte den Großteil seiner seit Juni 2018 erlittenen Verluste wettmachen, wie Wisdom-Tree-Rohstoffsexperte Nitesh Shah in einem aktuellen Goldausblick für 2019 schreibt. Ein Zusammenbruch bei der spekulativen Positionierung in Goldfutures habe in der zweiten Jahreshälfte die Preise […]
Largest LME tin delivery since 2014 alleviates market tightness expectations
London Metal Exchange tin inventory, which reached its lowest level in 30 years earlier this week, has received its largest inflow since November 2014. More than 1,000 tonnes was delivered into LME-listed warehouses in Singapore on the morning of Friday January 25, taking the total LME tin stock count back above 2,000 tonnes. After today’s […]
SHFE base metals prices supported by weak dollar,
Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Monday January 28, with the complex gaining support from a weak US currency and improved risk appetite in the market. Risk markets have received a boost from news at the end of last week that the partial US government […]
Rusal chairman resigns as part of deal to lift U.S. sanctions
HONG KONG, Jan 28 (Reuters) – Aluminium giant Rusal said on Monday Jean-Pierre Thomas had resigned as chairman and director of the company as a pre-requisite for a decision by the United States to lift sanctions on the company. Shares in Hong Kong-listed Rusal jumped more than 5 percent in early trading on Monday. Sunday’s […]
London aluminium falls as U.S. lifts sanctions on Rusal
BEIJING, Jan 28 (Reuters) – London aluminium prices fell on Monday after the United States formally lifted sanctions on Russian aluminium producer United Company Rusal. The sanctions had sent London aluminium to a seven-year high when they were announced in April last year amid fears of a supply squeeze, but prices had since fallen back […]
Metallhandel sieht Zukunft pessimistisch
25.01.2019 − Der deutsche Metallhandel blickt mit wachsendem Pessimismus in die Zukunft. Der vom Verband Deutscher Metallhändler (VDM) seit 2014 quartalsweise ermittelte Geschäftsklimaindex sank zum Jahresbeginn 2019 auf einen neuen Tiefstand. Schuld seien vor allem die eingetrübten Geschäftserwartungen, aber auch die aktuelle Geschäftslage wird zunehmend schlechter beurteilt. Gleichwohl spricht der Verband nur von einer „vorübergehenden […]
Primary aluminium market in deficit in January to November 2018 – WBMS
The calculated market balance for primary aluminium for January to November was a deficit of 561.6 kt which follows a deficit of 1210 kt recorded for the whole of 2017. Chinese trade data is now available up to November 2018. Demand for primary aluminium for January to November 2018 was 54.918 million tonnes 6 kt […]
Antofagasta expects record output for copper, gold in 2019
Antofagasta PLC said that it expects 2019 will be a record year for the company, after having met the top ends of its guidance ranges for copper and gold production in 2018. The Chile-based mining company said it produced 725,300 metric tons of copper in 2018, up from 704,300 tons in 2017. Gold production for […]
