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Aluminium: Trafigura in Russia to challenge Glencore
Commodities trader Trafigura Group is in talks to buy Russian aluminium from United Co. Rusal International PJSC, underscoring its willingness to strike new deals with Russian companies even as its biggest rival struggles. Trafigura and Rusal are discussing a forward...
Copper: doubts about Chinese demand and the dollar push prices to seven-week lows
Copper prices fell to seven-week lows under pressure from a stronger dollar and a lack of evidence of a healthy demand outlook in main consumer China ahead of key data on the country's manufacturing sector. Benchmark copper on the London Metal Exchange (LME) was up...
Tata Steel Nederland invokes force majeure for rolling mill expansion
Tata Steel Nederland invoked force majeure due to difficulties encountered during the modernisation of Rolling Mill 21. The company stated that it suffered severe interruptions during the modernisation process of cold rolling mill 21 at its steel plant in IJmuiden on...
Construction sector: Eurozone output fell by 2.5 % m/m in December
According to data published by Eurostat, the Statistical Office of the European Union, seasonally adjusted output in the construction sector fell by 2.2 per cent month-on-month and 0.4 per cent year-on-year in the European Union (EU-27) member states in December last...