掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Sanctions fallout upends metals as aluminum, nickel burst higher

  • Friday, April 20, 2018
  • Source:ferro-alloys.com

  • Keywords:section,upends,metal
[Fellow]Sanctions fallout upends metals as aluminum, nickel burst higher

[ferro-alloys.com] The turmoil unleashed by U.S. sanctions against United Co. Rusal kept reverberating through metals markets, sending aluminum and nickel to multi-year highs.

Commodities markets have been rocked for the past two weeks by the clampdown on Russia’s Rusal, the largest aluminum supplier outside China, setting off a rush for alternative supplies and stirring concern that further U.S. action could affect other markets like nickel.

Aluminum rallied as much as 7.1 percent, a record intraday gain, to $2,718 a ton in London. Since the start of April, prices are up more than 30 percent.

Nickel surged to a three-year high as traders speculated that other major mining companies could face the ire of U.S. officials. Prices climbed as much as 9.3 percent to $16,690 a ton on Thursday, before paring gains to 3.3 percent.

"It really is unprecedented,” said Keith Wildie, head of commodity volatility at London-based brokerage Vantage Capital Markets, who has more than 20 years’ experience in the industry. “I certainly can’t remember a time in base metals where the markets have been moving like this.”

The U.S. sanctions are upending the global supply chain for aluminum, which is used in planes made by Boeing Co. and Ford Motor Co. trucks. Rusal is the world’s biggest producer outside China, supplying about 6 percent of the world’s aluminum. It operates mines, smelters and refineries across the world from Ireland to Jamaica.

“It’s a market in a clear state of panic and uncertainty,” according to Vantage Capital Markets’ Wildie. “Like all periods of market dislocation, eventually it will pass, and the key question now is whether we’re approaching that point. My gut feeling is that we probably are.”

Rusal officials met Chinese companies and traders this week to discuss the possibility of selling output in the Asian country, while buying alumina, according to people with knowledge of the talks.

“The aluminum price move is justified,” said Colin Hamilton, managing director of commodities at BMO Capital Markets Ltd. in London. “In nickel, I think it’s a misinterpretation.”

  • [Editor:王可]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 信丰县| 平湖市| 和平区| 双辽市| 黄陵县| 南漳县| 方正县| 白河县| 翼城县| 天气| 当涂县| 达尔| 新干县| 呼玛县| 太湖县| 涞源县| 和平县| 托克逊县| 扶余县| 从化市| 雅江县| 安平县| 高密市| 招远市| 南溪县| 会宁县| 侯马市| 奈曼旗| 安国市| 江华| 罗甸县| 仲巴县| 麻栗坡县| 衡阳县| 东台市| 佛坪县| 诸城市| 桦南县| 都江堰市| 盱眙县| 拜泉县|