Share of Russian aluminium in LME warehouses falls in June as Indian metal rises. Russian-origin aluminium made up 66 % of available London Metal Exchange (LME) inventories in June, down three points from May, while Indian metal climbed to 34 %, the exchange’s latest data show.
The LME figures, released on Thursday, put Russian aluminium on warrant at 221,875 metric tonnes, little changed month on month despite the percentage fall. By contrast, stocks of India-made aluminium grew to 114,150 tonnes from 97,950 tonnes.
Metal produced in Russia after 13 April 2024 is barred from LME warehouses under U.S. and British sanctions over Moscow’s 2022 invasion of Ukraine, but material made earlier may still be traded.
Russian copper’s share of available LME stocks slipped to 53 % in June from 54 %, with volumes narrowing to 31,225 tonnes from 39,350.
China-made copper accounted for 42 %, its tonnage dropping to 24,900 tonnes from 30,825.
For nickel, Chinese-origin metal represented 63 % of available stocks at the end of June, up from 59 % in May, the data showed.
Kazakhstan is preparing to raise oil exports through the Baku–Tbilisi–Ceyhan (BTC) pipeline to 1.7 million tonnes next year, Interfax-Kazakhstan r...
US President Donald Trump has sharply criticised Federal Reserve Chair Jerome Powell following the central bank’s decision to keep interest rates un...
A lightning strike measuring 829 kilometres observed in the United States in October 2017 has been confirmed by the World Meteorological Organization ...
In a sharp policy shift, Slovenia has suspended all arms-related trade with Israel, deepening its stance on the Gaza conflict and aligning with its ea...
Türkiye and Gabon have signed eight significant agreements. During an official ceremony attended by President Recep Tayyip Erdoğan and Gabonese Pres...
Kazakhstan is preparing to raise oil exports through the Baku–Tbilisi–Ceyhan (BTC) pipeline to 1.7 million tonnes next year, Interfax-Kazakhstan reported on Thursday, citing Energy Minister Yerlan Akkenzhenov.
US President Donald Trump has sharply criticised Federal Reserve Chair Jerome Powell following the central bank’s decision to keep interest rates unchanged.
A lightning strike measuring 829 kilometres observed in the United States in October 2017 has been confirmed by the World Meteorological Organization (WMO) as the longest recorded lightning event.
Türkiye and Gabon have signed eight significant agreements. During an official ceremony attended by President Recep Tayyip Erdoğan and Gabonese President Brice Clotaire Oligui Nguema, joint cooperation documents between the two countries were formalised.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Israeli Prime Minister Benjamin Netanyahu met with US President Donald Trump’s Special Envoy for the Middle East, Steve Witkoff, in a meeting held at Netanyahu’s office. Details of their discussions were not disclosed.
The United States has imposed sanctions on officials from the Palestinian Authority (PA) and members of the Palestine Liberation Organisation (PLO), accusing them of undermining peace efforts with Israel.
Germany’s Foreign Minister Johann Wadephul met with Israeli Prime Minister Benjamin Netanyahu in Jerusalem on Thursday, July 31.
A lightning strike measuring 829 kilometres observed in the United States in October 2017 has been confirmed by the World Meteorological Organization (WMO) as the longest recorded lightning event.
In a sharp policy shift, Slovenia has suspended all arms-related trade with Israel, deepening its stance on the Gaza conflict and aligning with its earlier recognition of a Palestinian state.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment