RBI releases draft on hedging of commodity price risk in overseas ...Tue, 16 Jan 2018 03:19:03 GMT
Hedging of price risk is proposed to be allowed for all commodities in case of direct exposure. In case of indirect exposure, hedging is allowed for aluminium, copper, lead, zinc, nickel, and tin. This list would be reviewed annually, the draft said.
Russia: CherMK 2000-mill under repairTue, 16 Jan 2018 00:00:00 GMT
Rusal and Energoprom have signed a 5-year contract for the delivery of cathode blocks at the volume of 21.5 thousand tons per year. According to the agreement, in 2018-2022 Energoprom will cover up to 70% of Rusal aluminum works needs in carbon-graphite raw materials. The products will be supplied from Novosibirsk Electrode Works. This is
Copper Falls Most in 6 Weeks as Metals Rally Starts to GiveTue, 16 Jan 2018 00:00:00 GMT
(Bloomberg) -- After a non-stop rally, metals prices are starting to pull back. Copper, aluminum and nickel slid more than 2 percent on Tuesday as investors focused on the rebounding dollar and ...
Commodities Outlook: Commodities extend gains as stock markets ...Mon, 15 Jan 2018 00:00:00 GMT
A weaker dollar index boosts commodities as a whole as it makes ... level in 2017 supported by strong domestic demand for prices. Despite the minor drop in copper imports, demand for aluminum and zinc remained at its highest level in 2017 reflecting ...
2018 the end of resources boom as commodity price drops biteWed, 10 Jan 2018 19:19:03 GMT
Base metals were expected to have a more optimistic outlook than other commodities, with higher demand on the back of global demand for stainless steel, vehicles, aluminium-based packaging and infrastructure development. Zinc prices are at the highest ...
Ukraine: coal mining down in 2017Wed, 10 Jan 2018 00:00:00 GMT
The new melting furnace has been put into operation at the foundry shop of Astek-MT. The commissioning of the third furnace with the volume of 30 tons will increase the company output to 48 thousand tons of aluminum cylinder ingots per year. The new furnace has been produced taking into account all the environment protectio
ALFED AppointmentMon, 08 Jan 2018 00:00:00 GMT
The Aluminium Federation, the trade body for the UK aluminium industry, has announced the appointment of a new chief executive. Tom Jones joins the organisation from MMC Hardmetal UK, part of the Mitsubishi Materials group, where he was general manager. Tom has more than 35 years
Chinese Tin Ore Imports Hit 2017 Highs in November, Says Customs ...Fri, 05 Jan 2018 00:00:00 GMT
The trade data also reveals refined tin and alloy imports in November totalled 186 tonnes,
New furnace orderFri, 05 Jan 2018 00:00:00 GMT
Rusal Krasnoyarsk Aluminium Smelter in Russia has ordered a new billet and slab homogenizing furnace from Danieli Olivotto Ferr. The scope of work includes engineering, equipment supply, delivery and supervision of the erection and commissioning. The new furnace, which will be installed
The winners and losers for commodity prices in 2017Wed, 03 Jan 2018 19:19:04 GMT
According to HSBCs commodity price index, they rose by 7% ... This has been true for coal, iron ore, and some of the best performing metals such as zinc and aluminium, they say, adding that these themes are likely to continue in 2018.
Number of news reports: 10