Edelmetalle: Konsolidierung hält an
Bad Salzuflen (GodmodeTrader.de) – Mit wenigen Ausnahmen war 2018 kein positives Jahr für den Rohstoffsektor. Gold beendete das Jahr mit 1.279 US-Dollar pro Feinunze knapp unter der psychologisch wichtigen Marke von 1.300 US-Dollar. Das entspricht einem Jahresminus von 2,3 Prozent. Silber verlor mit 9,8 Prozent etwas mehr und schloss bei 15,49 US-Dollar, wie Martin Siegel, […]
Freeport profit misses expectations as copper prices drop
Jan 24 (Reuters) – Freeport McMoRan Inc, the world’s second-largest copper miner, posted a lower-than-expected quarterly quarter profit on Thursday due to falling prices for the red metal, sending shares down 4 percent in premarket trading. Demand for copper has slipped in the past year on concerns about economic growth during the ongoing trade spat […]
Chile Codelco headed for possible strike at Gabriela Mistral
Investing News reported that union leaders at Chilean state-miner Codelco’s Gabriela Mistral mine have voted against a new labor agreement at the company’s sixth-largest mine, with strike action looming. As reported by Reuters on January 22, an offer made during negotiations over bonuses has been voted down. Ana Catalan, union president said that “We have […]
End to sanctions on Rusal – A boon to Armenian aluminium supplier
Aluminum Insider reported that easing of sanctions upon Russian Federation aluminium giant UC Rusal will be a boon to an aluminium mill that provides financial security to thousands of Armenian families, explained a spokesperson for the Armenian National Committee of America after last week’s vote in the United States Senate against prolonging such sanctions. In […]
ED&F Man files $284 million suit against Hong Kong firms, alleges metals fraud
LONDON (Reuters) – Broker ED&F Man has filed a $284 million lawsuit against two Hong Kong companies, alleging that they knowingly provided fraudulent warehouse receipts for nickel stored in Asia, court documents show. The two Hong Kong firms, Come Harvest Holdings Ltd (CHH) and Mega Wealth International Trading Ltd, have denied the charges. News of […]
Alba Achieves USD 102 million savings in project Titan
Aluminium Bahrain BSC now amongst the 1 Million-Club metric tonnes smelters in the world, launched Phase IV of Project Titan with the objective to reduce cash-cost of USD 100 million by the end of 2020 and announced that it has achieved USD 102 million savings in Phase III of Project Titan. Alba’s Project Titan – […]
Europäischer Nutzfahrzeugmarkt bleibt auf Wachstumskurs
BRÜSSEL (dpa-AFX) – Der europäische Nutzfahrzeugmarkt bleibt trotz eines Dämpfers im Dezember auf Wachstumskurs. Im vergangenen Jahr wurden mit rund 2,48 Millionen Fahrzeugen 3,2 Prozent mehr verkauft als ein Jahr zuvor, wie der europäische Verband Acea am Donnerstag in Brüssel mitteilte. Damit wächst der Markt bereits das sechste Jahr in Folge. Besonders stark entwickelte sich […]
East Asian stainless steel prices edge up again on higher offers, nickel gains
(MB) Import prices for stainless steel in East Asia continued to edge up over the past week amid higher offers from some sellers and costlier nickel. But trading activity has begun to slow down with Chinese participants in a holiday mood ahead of the Lunar New Year, sources said on Wednesday January 23. Fastmarkets MB’s […]
Devisen: Euro vor EZB-Entscheidungen kaum verändert
FRANKFURT (dpa-AFX) – Der Kurs des Euro hat sich am Donnerstag vor geldpolitischen Entscheidungen der Europäischen Zentralbank (EZB) wenig verändert. Am Morgen wurde die Gemeinschaftswährung bei 1,1385 US-Dollar gehandelt und damit etwa zum gleichen Kurs wie am Vorabend. Den Referenzkurs hatte die EZB zuletzt am Mittwochnachmittag auf 1,1367 Dollar festgesetzt. Am frühen Nachmittag wird die […]
Gold firm as growth concerns, U.S. govt shutdown drag dollar
Jan 24 (Reuters) – Gold held steady on Thursday, supported by a softer dollar due to concerns the prolonged U.S. government shutdown will limit economic growth even as concerns of slowing global growth grew. Spot gold was mostly steady at $1,282 per ounce, as of 0549 GMT, while U.S. gold futures were down 0.2 percent […]
