Aluminium: China’s import of Russian metal on the rise
According to the latest statistics, Chinese imports of Russian aluminium have increased. The Chinese Customs Bureau reported that Russian imports rose to 277,000 tonnes in the first two months of this year. This represents almost 60% of all metal imported by China in...
Copper: prices at two-week lows
Most non-ferrous metals fell on Tuesday, with copper prices in London falling to their lowest levels in almost two weeks as the Chinese yuan weakened. Three-month copper on the London Metal Exchange (LME) fell 0.4 per cent to $8,834 per tonne at 09:08 a.m. (Italian...
Steel: Tata Steel plans to close two blast furnaces at Port Talbot site
Community representatives from all Tata Steel plants in the UK have unanimously agreed to send notice to the company if Tata confirms its intention to close blast furnace number four at Port Talbot. Tata Steel has officially announced its intention to close the Port...
Uranium: prices drop 22%
Uranium may have lost some of its lustre after an electrifying 10-month rally, but analysts are not losing faith in the nuclear fuel's long-term prospects. After a 22% drop in six weeks, industry experts say the uranium market has probably set a new high due to the...
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