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Aluminum: Russian Rusal manufacturer reorganizes sales team
Russian giant Rusal has reorganized its sales team, signaling an intensified struggle to keep its sales portfolio strong despite the effect of Western sanctions imposed on Moscow. Rusal, the world's largest aluminum producer outside China, has not been directly...
Alumina: market braces for cost pressures and demand uncertainties in Q4
Global alumina and primary aluminum markets could continue to experience volatility and production challenges in the fourth quarter due to ongoing concerns about energy prices and trade flow disruptions, while indications of downstream demand are mixed. Market...
Copper: prices fall on growing recession fears and strengthening dollar
Prices of copper and other base metals fell Tuesday (except for tin) on growing concerns that an economic recession could dampen demand for metals, while the dollar strengthened approaching new multi-year highs. Rising COVID cases in China, a major metals consumer,...
Nickel: hedge fund Elliott and Jane Street authorized to sue LME
A London court has decided to authorize Elliott Investment Management and Jane Street to sue the London Metal Exchange for its handling of a controversial short squeeze on the nickel market in March. The two firms filed a so-called judicial review of LME shares in...