October 30, 2023

The suspension of interest rate hikes by the Federal Reserve has heightened expectations, and aluminum prices made a strong move higher in the past week. The latest closing price for London aluminum reached $2,226 per ton, up $29, marking a 1.32% increase, with trading volume at 15,359 lots, up by 416 lots, and open interest […]

Foreign media reported on October 29th that, after nearly two years of the invasion of Ukraine, a few Western banks and traders, including Citigroup Inc. and Trafigura Group, are increasingly willing to engage in new transactions regarding Russian metals, seizing profit opportunities as competitors withdraw. These transactions indicate that, amid conflicting signals from Western governments