Stay updated with breaking news from Polina Devitt. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
By Daphne Psaledakis, Polina Devitt and Paul Sandle WASHINGTON/LONDON (Reuters) -Washington and London on Friday prohibited metal-trading exchanges from accepting new aluminum, copper and nickel produced by Russia and barred the import of the metals into the U.S. and Britain. The action is aimed at disrupting Russian export revenue amid Moscow’s ongoing invasion of Ukraine,…
WASHINGTON/LONDON (Reuters) -Washington and London on Friday prohibited metal-trading exchanges from accepting new aluminum, copper and nickel produced by Russia and barred the import of the metals into the U.S. and Britain. Russia is a major producer of aluminum, copper and nickel. Russian metals producers Rusal and Nornickel did not immediately reply to a Reuters request for comment, nor did the Russian embassy in Washington.
Gold prices hit a record high for an eighth consecutive session on Tuesday with support from momentum-following funds and inflated geopolitical tensions. Spot gold was up 1.1% at... -April 09, 2024 at 06:05 am EDT - MarketScreener
LONDON -Global steel demand is expected to rise by 1.7% to 1.793 billion metric tons in 2024 and to increase further in 2025, the World Steel Association said on Tuesday.... -April 09, 2024 at 12:37 pm EDT - MarketScreener
Energy trader Mercuria is expected to hire top metals trader Kostas Bintas, former co-head of metals at Trafigura, three sources with direct knowledge said, as the company boosts investment in...