RE: Allgemeine Rohstoffnews
| 13.10.2022, 02:14 (Dieser Beitrag wurde zuletzt bearbeitet: 13.10.2022, 02:16 von Boy Plunger.)
Column: Copper today, aluminium tomorrow? LME's Russian dilemma
LONDON, Oct 12 (Reuters) - More than 60% of the copper stored in London Metal Exchange (LME) warehouses at the end of September was produced in Russia.
The proportion of Russian metal surged from below 30% in late March to above 80% in May and August in the wake of Moscow's "special military operation" in Ukraine.
Such a high ratio is not unprecedented and continued stock cancellations and drawdowns suggest many buyers are accepting it against 2022 contracts in the absence of official sanctions.
...
https://www.reuters.com/markets/commodit...022-10-12/
U.S. may block Russian aluminum imports -source
WASHINGTON, Oct 12 (Reuters) - The Biden administration is weighing restricting imports of Russian aluminum as it charts possible responses to Moscow's military escalation in Ukraine, a person briefed on the conversations told Reuters.
Such a move, which has not been finalized, would likely boost global prices for the metal used in a wide range of consumer products and could reverse a previous White House stance that such sanctions could wreak havoc on global markets.
...
https://www.reuters.com/markets/commodit...022-10-12/
LONDON, Oct 12 (Reuters) - More than 60% of the copper stored in London Metal Exchange (LME) warehouses at the end of September was produced in Russia.
The proportion of Russian metal surged from below 30% in late March to above 80% in May and August in the wake of Moscow's "special military operation" in Ukraine.
Such a high ratio is not unprecedented and continued stock cancellations and drawdowns suggest many buyers are accepting it against 2022 contracts in the absence of official sanctions.
...
https://www.reuters.com/markets/commodit...022-10-12/
U.S. may block Russian aluminum imports -source
WASHINGTON, Oct 12 (Reuters) - The Biden administration is weighing restricting imports of Russian aluminum as it charts possible responses to Moscow's military escalation in Ukraine, a person briefed on the conversations told Reuters.
Such a move, which has not been finalized, would likely boost global prices for the metal used in a wide range of consumer products and could reverse a previous White House stance that such sanctions could wreak havoc on global markets.
...
https://www.reuters.com/markets/commodit...022-10-12/
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