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Aluminum: metal heading for further risk in supplies as Biden considers ban on Russia
A total U.S. ban on Russian aluminum threatens to disrupt a global market already tested by multiple disruptions, casting attention on how China could fill a possible supply gap. The Biden administration is considering options that include sanctions on Russia's top...
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,...