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London aluminum prices jump to another all-time high, reaching as high as $3,525/metric ton before trimming gains to $3,416/ton, +1.7%, amid increased Western sanctions including blocking some Russian banks from the SWIFT international payments system. Century Aluminum (CENX +2.1%) pops to a ...
Prices of key metals have surged in recent weeks, turbo-charged above previous gains earned on the back of power shortages, energy costs and Chinese environmental restrictions. Aluminium and nickel prices in particular, have reached multi-year highs on fears sanctions will result in a...
The U.S. and EU have used the recent G20 summit in Rome to announce an end to hostilities over the steel and aluminum Section 232 tariffs. The negotiations have come up with a “kill two birds with one stone” solution to a dispute that was doing neither side any good. ...