March 2, 2022

Copper, nickel prices spike as Europe scrambles for metal

Copper price hits 19-week high and nickel scales $25,000 for the first time since 2011 as European traders are forced to look as far afield as Malaysia for deliverable metal.

March 2, 2022

China moves to secure commodities rocked by Ukraine war

Government agencies have been ordered to push state-owned buyers to scour markets for materials including oil and gas, iron ore, barley and corn to fill any potential gaps.

March 2, 2022

Aluminum price streaks to record on fears logistics issues will hit supply

Aluminum prices bolted to a fresh record peak on Wednesday as investors worried that logistics difficulties would block metals supplies due to tough sanctions on major producer Russia.

March 1, 2022

Glencore reviewing stakes in two Russian companies

Glencore currently owns a 10.55% stake in En+ Group, the controlling shareholder of aluminum giant United Co.

March 1, 2022

Alcoa CEO affirms promise of no new aluminum smelters

The company vowed to only build low-emission mills using technology from a venture dubbed Elysis.

March 1, 2022

EXPLAINER – The importance of Russian titanium to global industry

The potential for disruptions to Russian commodity supplies has thrown a spotlight on the metal used in the aerospace, marine and auto industries.

February 28, 2022

Rusal halts alumina shipments from Ukraine

The move by the world’s top aluminium producer outside China, threatens to further tighten a market that’s already short on supply.

February 28, 2022

Russian metal exports slide as sanctions hit commodity financing

The nation’s top steelmakers have seen exports drop since the incursion in Ukraine began, while nickel shipments have also been affected.

February 24, 2022

Biden team to hold off on Russia sanctions hitting aluminum

Russian-supplied aluminum accounts for roughly 10% of total US imports, highlighting the negative impact that sanctions could have.

February 24, 2022

Aluminum price jumps to record as Russian attack boosts supply risks

The gains will heap fresh inflationary pressure on buyers who use aluminum in everything from cables to drinks cans.