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London Metal Exchange To Double Default Fund In Anticipation Of Spike In Price Of Aluminium And Other Metals

London Metal Exchange To Double Default Fund In Anticipation Of Spike In Price Of Aluminium And Other Metals

The world’s largest standardized forward contracts market will be increasing its clearinghouse default fund to twice its current amount next month, evidently as a move to mitigate the risk of member default should the metals market see another steep rise in prices...

Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier

Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier

Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...

The Net-Zero Shift Starts With Low Carbon Aluminium

2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...

Aluminium at the LME Week – Key Takeaways

Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...

Aluminium Market Oversupplied, Demand Growth Flat

Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...

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