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Reuters reported that Russian nickel and palladium producer Norilsk Nickel may find it hard to sell all of its output, as it normally can, if the coronavirus crisis persists.

Posted By : Rabi Wangkhem 20 hours 15 minutes ago
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Kalkine in a research note said that COVID-19 has been charging the whole world and dragging the economies. The first of its essence is felt in the commodity space where base metal and oil and gas faced pressured with...

Posted By : Rabi Wangkhem 20 hours 18 minutes ago
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Copper prices slipped and aluminium carved out a four-year low on worries about extended erosion in global demand for metals due to the coronavirus pandemic after dire US employment data.

Posted By : Rabi Wangkhem 20 hours 27 minutes ago
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Dubai based Shalina Resources Congo subsidiary Chemaf is halting operations at its Usoke copper-cobalt processing plant and stopping construction work on its Mutoshi plant.

Posted By : Rabi Wangkhem 20 hours 29 minutes ago
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Reuters, citing sources directly involved in the pricing talks, reported that the premium for aluminium shipments to Japanese buyers for April to June was set at USD 82 per tonne, down 1.2pc from the preceding quarter,

Posted By : Rabi Wangkhem 3 days 22 hours 40 minutes ago
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The Covid-19 situation is a challenge to the global economy and continues to cause significant uncertainty for Hydro's operations and business areas.

Posted By : Rabi Wangkhem 3 days 22 hours 42 minutes ago
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Romanian aluminium maker Alro SA has undertaken steps to prevent and mitigate COVID-19 effects and to protect the health of its employees while securing a constant supply to its business partners.

Posted By : Rabi Wangkhem 3 days 22 hours 43 minutes ago
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The Swedish designer of furniture for airports and other indoor public spaces is launching a new line with low-carbon aluminium from Hydro.

Posted By : Rabi Wangkhem 3 days 22 hours 45 minutes ago
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Posco Chemical has signed a long-term supply deal with China’s Huayou Cobalt for cathode materials, a key material for electric vehicle batteries.

Posted By : Rabi Wangkhem 3 days 22 hours 47 minutes ago
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Arconic Corporation launched as a leader in advanced aluminum sheet, plate, extruded and architectural products that primarily advance the ground transportation, aerospace, industrial, packaging, and commercial building...

Posted By : Rabi Wangkhem 4 days 19 hours 3 minutes ago
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The National Aluminium Company Limited has recorded an all-round success in bauxite and alumina productions in the fiscal 2019-20.

Posted By : Rabi Wangkhem 4 days 19 hours 6 minutes ago
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Nornickel has made a number of staff and organisational changes. These include appointing Sergey Dubovitsky as Senior Vice President for Strategy, Strategic Projects,

Posted By : Rabi Wangkhem 4 days 19 hours 15 minutes ago
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The London Metal Exchange and the Aluminium Stewardship Initiative have developed a Memorandum of Understanding to underpin collaboration on responsible aluminium value chains.

Posted By : Rabi Wangkhem 4 days 19 hours 16 minutes ago
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European Aluminium profoundly regrets the US anti-dumping investigation into common alloy aluminium sheet from Croatia, Germany, Greece, Italy, Romania, Serbia, Slovenia, Spain and Turkey.

Posted By : Rabi Wangkhem 5 days 22 hours 7 minutes ago
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Argentine giant Aluar Aluminio Argentino SAIC has further reduced production at one of its aluminium plants amid closures related to the coronavirus pandemic, another sign that global light metal production is slowing...

Posted By : Rabi Wangkhem 5 days 22 hours 8 minutes ago
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Aluminium Stewardship Initiative announced that Kunshan Aluminium Ltd has been successfully certified against the ASI Performance Standard for its Kunshan City operations,

Posted By : Rabi Wangkhem 5 days 22 hours 10 minutes ago
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This summer AUMUND Fördertechnik GmbH will be supplying an AUMUND Arched Plate Conveyor to Mytilineos SA in Agios Nikolaos on the Gulf of Corinth in Greece.

Posted By : Rabi Wangkhem 5 days 22 hours 12 minutes ago
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The coronavirus, rather than Rio Tinto's long term review, has forced the closure of potline 4 at the Tiwai Point aluminium smelter, which only reopened two years' ago.

Posted By : Rabi Wangkhem 6 days 19 hours 1 minute ago
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Liberty Industries has closed its two Coventry operations in response to the continuing coronavirus crisis. The company announced plans to idle several plants,

Posted By : Rabi Wangkhem 6 days 19 hours 17 minutes ago
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China's biggest copper producer Jiangxi Copper Co said that it aims to churn out 6% more refined metal in 2020 than last year, despite warning that the spreading coronavirus could hurt demand.

Posted By : Rabi Wangkhem 6 days 19 hours 20 minutes ago
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Vedanta Limited announced the appointment of HZL CEO Mr Sunil Duggal, as Interim Chief Executive Officer of the company.

Posted By : Rabi Wangkhem 7 days 18 hours 7 minutes ago
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Vedanta’s Alumina Refinery at Lanjigarh is operational with all precautionary measures against COVID-19. Considering the severity of the situation in the wake the spread of Corona,

Posted By : Rabi Wangkhem 7 days 18 hours 9 minutes ago
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Vale has no plans to curtail or suspend its Greater Sudbury-area operations due to the coronavirus pandemic. Vale spokeswoman Ms Danica Pagnuti

Posted By : Rabi Wangkhem 7 days 18 hours 11 minutes ago
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Emirates Global Aluminium has reported adjusted Earnings Before Interest, Taxes, Depreciation and Amortisation (adjusted EBITDA) of AED 2.5 billion ($693 million) for 2019.

Posted By : Rabi Wangkhem 7 days 18 hours 13 minutes ago
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The Coronavirus situation is increasingly affecting customers’ and consequently Hydro’s operations. Hydro is reducing or halting production at some sites to meet weaker ordering and call-offs from customers, while...

Posted By : Rabi Wangkhem 10 days 19 hours 39 minutes ago
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Currency Rates
USDValueDoDWoWMoMQoQYoY
USD1.0000.0000.0000.0000.0000.000
AUD1.6620.015-0.0240.1420.2320.257
BRL5.3480.0900.3130.9591.3041.478
CAD1.4170.001-0.0100.0890.1110.082
CNY7.0920.003-0.0020.0600.1080.378
EUR0.9240.0010.0080.0030.0310.034
GBP0.818-0.001-0.0270.0470.0550.059
INR76.2220.2220.9994.4894.8827.382
JPY108.9180.958-1.483-1.497-0.257-2.433
RUB77.040-0.338-1.80311.39914.98711.811
ZAR19.2640.6971.7834.0135.2635.072
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on Apr 06 2020
Source : xe.com