Stahlschrotthändler leiden weiter unter Transportengpässen
(euwid) Das Niedrigwasser auf den deutschen Flüssen bleibt das bestimmende Thema auf dem Stahlschrottmarkt. Zwar fiel zuletzt wieder vereinzelt Regen, die Pegelstände sind bisher allerdings nur geringfügig gestiegen. Im Süden Deutschlands bleibt den Schrotthändlern der Wasserweg damit in der Regel verschlossen, weiter nördlich können die Schiffe bestenfalls teilweise beladen werden. Umso härter tobt der Kampf […]
Gold prices gain on easing dollar
BENGALURU, Nov 21 (Reuters) – Gold prices inched up on Wednesday in subdued trade ahead of a U.S. holiday amid weakness in dollar and equities, as concerns about global economic growth gripped financial markets. Spot gold was up 0.2 percent at $1,224.02 per ounce at 0808 GMT. U.S. gold futures rose 0.2 percent to $1,223.9 […]
EUROPEAN MORNING BRIEF 21/11: SHFE base metals prices under pressure; Chinese buyers to shift to spot market for cobalt raw materials
Base metal prices on the Shanghai Futures Exchange were broadly lower during Asian morning trading on Wednesday amid a rise in risk-off sentiment stemming from weakness in global equity markets and a collapse in oil prices. Members of the European Parliament and the European Union Council of Ministers have reached a provisional agreement on a […]
End to aluminium quotas key to industrial growth – Aluminum Association CEO
Aluminium Insider reported that in comments made by Aluminum Association President & CEO Heidi Brock to the US. International Trade Commission (USITC), Brock stressed the need for exemptions from aluminium quotas for both Canada and Mexico to be included in the U.S.-Mexico-Canada Agreement (USMCA) currently under negotiation. During the hearing, United States-Mexico-Canada Agreement: Likely Impact […]
USTR says China has failed to alter unfair, unreasonable trade practices
WASHINGTON, Nov 20 (Reuters) – The Trump administration on Tuesday said that China has failed to alter its “unfair” practices at the heart of the U.S.-China trade conflict, adding to tensions ahead of a high-stakes meeting later this month between U.S. President Donald Trump and Chinese President Xi Jinping. The findings were issued in an […]
Copper falls for 2nd day on U.S.-China trade tensions
SINGAPORE, Nov 21 (Reuters) – Copper prices fell for a second session on Wednesday as trade tensions between the United States and China escalated ahead of an expected high-stakes meeting between the two nations next week. The United States administration on Tuesday said China has failed to alter its „unfair“ practices, adding to tensions ahead […]
Devisen: Eurokurs sinkt wegen neuer Italien-Sorgen
FRANKFURT (dpa-AFX) – Der Eurokurs ist am Dienstag gefallen. Im Mittagshandel wurde die Gemeinschaftswährung bei 1,1433 US-Dollar gehandelt. Zuvor war sie noch bis auf 1,1472 Dollar gestiegen. Die Europäische Zentralbank (EZB) hatte den Referenzkurs am Montagnachmittag auf 1,1427 Dollar festgesetzt. Erneut sorgte Italien für Verunsicherung. So ist die Nachfrage nach sogenannten „BTP-Italia“-Anleihen bisher sehr schleppend […]
Nickel markiert frisches 2018er-Tief
Frankfurt (GodmodeTrader.de) – Der Nickelpreis ist auf ein frisches 2018er-Tief bei 11.175,50 US-Dollar je Tonne gefallen. Die philippinische Regierung hat letzten Freitag ihre Haltung gegenüber der Minenindustrie im Land gelockert. Laut Angaben des Umweltministeriums dürfen neun von zwölf Minen, die vor über einem Jahr geschlossen wurden, wieder öffnen, sofern sie die Missstände beseitigen, wie die […]
Copper snaps 5-day rally as U.S.-China trade tensions weigh
SINGAPORE, Nov 20 (Reuters) – London copper prices snapped a five-session winning streak on Tuesday as investors practiced caution amid mounting trade friction between the United States and China. While both U.S. President Donald Trump and Chinese President Xi Jinping expressed optimism about resolving their trade war ahead of a planned meeting at the G20 […]
Vedanta sells copper concentrate from stockpiles at shuttered Sterlite plant
Reuters reported that Vedanta Ltd has been selling copper concentrate on the spot market from stockpiles at its Sterlite smelter, after the facility was forced to stop operating earlier this year amid pollution concerns. An official told Reuters “The company is disposing of around 70,000 tonnes of copper concentrate that have been lying unused since […]
