london metal exchange

Japanese Aluminium Premiums To Hit US$130 In Latter Half Of 2019: Marubeni

Japanese Aluminium Premiums To Hit US$130 In Latter Half Of 2019: Marubeni

Though Rusal is likely to make a strong return to the aluminium market next year, premiums in Japan are expected to rise to between US$100 to US$130 per ton late next year due to an expectation of weak global supplies of the...

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Events

Glencore and Rusal Ask LME to Lift Suspension on Trading of Rusal’s Aluminium

Glencore and Rusal Ask LME to Lift Suspension on Trading of Rusal’s Aluminium

Citing the Trump administration’s extension for complying with the sanctions it placed upon U.C. Rusal, Anglo-Swiss mining and trading firm Glencore plc has joined with the Russian miner in petitioning the London Metal Exchange to temporarily lift the suspension on Rusal’s aluminium. Sources revealed to Reuters on Friday that the request had been made, but […]

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U.S. Tariffs Notwithstanding, China’s Aluminium Exports Rose By 0.2% in April

U.S. Tariffs Notwithstanding, China’s Aluminium Exports Rose By 0.2% in April

Despite the blanket tariffs on aluminium imports imposed by the Trump administration, exports of the metal from the People’s Republic of China in April were slightly above the amount shipped in March. According to numbers lately released by China’s General Administration of Customs, 451 thousand metric tons of raw aluminium and aluminium products departed Chinese […]

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Aluminium Rides Crest of Industrial Metals Wave to New High

Aluminium Rides Crest of Industrial Metals Wave to New High

A weaker dollar helped propel aluminium to peak above its 50-day and 100-day moving averages on Wednesday, gaining 1.8 percent and closing the day at US$2,177.50 per metric ton. Softness in the greenback motivated increased investments in metals across the board, as investors sought to protect against value erosion explained Societe Generale analyst Robin Bhar. […]

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