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UNRIF - Aluminium Caught Up In Nickel's Wild Ride
March, 15 2022 01:45 AM
United RUSAL
The epic squeeze in the nickel market has seen other base metals caught in the slipstream amid a margin crunch and broader risk-off sentiment. LME aluminium 3M contract prices hit a record US$4,073/tonne on March 7, and were hovering around US$3,400/tonne on Monday. Meanwhile, alumina prices have risen to the highest levels since 2018 as the war in Ukraine continues to see market participants self-sanction. For further details see:
Aluminium Caught Up In Nickel's Wild Ride
Stock Information
Company Name:
United RUSAL
Stock Symbol:
UNRIF
Market:
OTC
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