Squarepoint follows Citi buying Russian aluminum on the LME The latest data from the LME showed the share of Russian supplies in total live aluminum inventories on the exchange dropped to 76% in September. Bloomberg News | October 13, 2023 | 10:02 am
Miners see value in EU focus on ESG but face red tape hurdles Compliance with ESG standards is increasingly important to keep commitments from institutional investors such as pension funds. Reuters | October 13, 2023 | 9:31 am
Mixed fortunes for Russian metal at mid-point of aluminum mating season Russian metal is experiencing mixed fortunes, with some European industrial companies avoiding it for 2024. Reuters | October 12, 2023 | 8:37 am
Citi’s mega metals trade shows global markets turning to glut In the last few months, Citi requested delivery of about 100,000 tons of aluminum and 40,000 tons of zinc — worth over $300 million. Bloomberg News | October 10, 2023 | 10:24 am
Metal trader misery undercuts supercycle hype as losses pile up The world’s metal traders are enduring one of their toughest periods in years. Bloomberg News | October 8, 2023 | 11:35 am
Spotlight still on Vedanta $3 billion debt despite spinoff plan While equity investors gave the demerger plan a thumbs up, Vedanta’s dollar bonds have tumbled. Bloomberg News | October 4, 2023 | 5:48 pm
Big Oil, heavy industry discuss emission curbs ahead of COP28 The gathering brought together CEOs from more than 50 companies from the oil and gas sector and the aluminum, steel and cement industries. Reuters | October 1, 2023 | 8:25 am
Vedanta to split business into six listed companies The metals-to-oil Indian conglomerate seeks to boost growth amid a financial performance decline by parent company Vedanta Group. Cecilia Jamasmie | September 29, 2023 | 6:53 am
Chinese and Russian aluminum groups sign deal to deepen ties The MoU comes ahead of a visit by President Vladimir Putin to China next month. Bloomberg News | September 28, 2023 | 10:05 am
