Metal Traders Prepare for Fireworks After LME Russia Ban

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 50%

Finance News

Metal Traders,LME,Russia Ban

Metal traders are getting ready for a volatile market after the London Metal Exchange (LME) banned Russian metal imports.

Metal Traders Get Ready for Fireworks After LME Russia BanVanke Says It’s Making Plans to Resolve Liquidity PressureEmerging Markets Battle Weak Currencies as Dollar Crushes PeersInside the Controversy That's Divided the Carbon Offsets MarketUS Regional Banks Dramatically Step Up Loans to Oil and GasBitcoin Rebounds From Slump Triggered by Iran’s Attack on IsraelChina Set to Keep Key Rate, Liquidity Steady to Cement RecoveryVulnerable Steel-State Democrats Press Biden to Stop Nippon...

9% in 2024 as sales rise last month: CREAUK Economy Grows for a Second Month After Mild RecessionChina Property Crisis Deepens With Vanke in Market CrosshairsStanChart Names China CEO Jerry Zhang Co-Head of FI CoverageMarkets Weigh Up Risk of Retaliation-Cycle After Iran Hits IsraelBoston Marathon Gets Stride Back, Projecting $200 Million BoostMetal Traders Get Ready for Fireworks After LME Russia BanBuyout Giant CVC Seeking More Than €1 Billion in Amsterdam IPOFed’s Schmid Rejects Preemptive...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Metal Traders Brace for Dramatic Moves as London Metal Exchange Bans Russian SuppliesMetal traders are expecting significant price jumps in aluminum, copper, and nickel after the London Metal Exchange bans deliveries of Russian supplies produced after midnight on Friday. There are differing opinions on the broader impact, with some predicting higher prices due to the removal of a major producer from the market, while others are concerned about a potential flood of old Russian metal onto the LME.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

LME Bans New Russian Metal, But Braces for a Flood of Old StockThe London Metal Exchange banned delivery of new Russian metal following sanctions imposed by the US and UK, but left the door open for a wave of old stocks to hit the market and raise the risk of pricing dislocations.
Source: BNNBloomberg - 🏆 83. / 50 Read more »