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Aluminium: Glencore bought low volumes from Rusal
Glencore bought only a small portion of the potential 6.9 million tonnes of aluminium it could have purchased in the 2020-2022 period under its contract with Russia’s Rusal, which could be extended to 2025. Commodities group Glencore, under pressure to stop...
Aluminium: international associations publish action plan ahead of G7 trade ministers’ meeting
The Aluminium Association of Canada, the European Aluminium and the Japan Aluminium Association have published a joint paper for the Group of 7 (G7) trade ministers ahead of their meeting in Osaka, Japan, next October. The document, Aluminium Supply Chain Pathways to...
Aluminium: Russian metal divides negotiators at Barcelona meeting
Russian aluminium is dividing the metal industry as producers and consumers meet this week to work out supply agreements for next year. Some industrial consumers have refused to buy supplies from Russia because of Moscow’s invasion of Ukraine, but others argue...
Copper: imports into China in August fall due to weak demand and rising domestic production
China’s copper imports fell 5 per cent in August from a year earlier, customs data showed on Thursday, due to a slowdown in the economy and demand, while domestic producers increased production. Imports of raw copper and copper products, widely used in the...