Home Writing & SpeakingWriting Aluminium rises on low stocks, China data; Fed decision in focus

Aluminium rises on low stocks, China data; Fed decision in focus


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The Crescent contracted with a Denver company called Gray V to install the iPods and program music onto them.

The unionized workers insist puertas y ventanas needs $53 million dollars for capsules that retain gases and allow the smelter to operate under environmental compliance, which was dismissed by the government.

She made him feel comfortable on Kylie’s plane with pilots they know and the large size of the plane.’

Kourtney was very supportive and helped him every step of the way.

A source told : ‘Travis took his time and definitely seemed a little bit nervous.

On the night of Jennifer’s disappearance, even after he had been notified that she was missing, Fotis called the nanny and asked her if she would still be able to bring the children to him the following day.

In a congressional session Wednesday, Chile Mining Minister Marcela Hernando said that the studies needed to improve the unit have already been carried out, but that the decision falls on the state company’s board of directors, which has autonomous corporate governance.

LONDON, July 4 (Reuters) – Global copper smelting activity declined in June, hit by a stoppage in top producer Chile, data from satellite surveillance of metal processing plants showed on Monday.

See you soon @revolve family!!!!! ‘When you get to the airport early you have time for little things like nap and meditation!!!!!

#namaste. #revolvearoundtheworld,’ Olivia wrote in the caption for her roughly 4.2 million followers on Instagram.

LONDON, Aug 22 (Reuters) – Copper and other industrial metals prices fell on Thursday as the United States and China exchanged threats in their trade dispute and the yuan slumped to an 11-year low against the dollar.

* NICKEL: The global nickel market deficit narrowed to 45,100 tonnes in the first six months of this year, compared to a deficit of 85,200 tonnes in the same period of 2018, data from the International Nickel Study Group showed.

* NYRSTAR: Nyrstar’s Langlois mine in Canada, which produced 24,000 tonne of zinc content in concentrate last year, will cease production in December due to rock conditions having deteriorated to an extent to which the company considers it uneconomic, the company said in a release on Monday.

FUNDAMENTALS * Three-month aluminium on the London Metal Exchange gained 1.1% to $2,598.50 a tonne, as of 0220 GMT, after hitting its lowest since Nov. * The most-traded July aluminium contract in Shanghai was up 0.6% at 20,065 yuan ($2,983.64) a tonne.

* Aluminium stocks in LME-registered warehouses were at a 21-year low of 420,675 tonnes, compared with nearly 2 million tonnes in March 2021. * Stocks in warehouses monitored by the Shanghai Futures Exchange have dropped more than 20% since the middle of March to 269,583 tonnes.

* China’s industrial output rose 0.7% in May from a year earlier, picking up from a 2.9% decline in April, official data showed. * Meanwhile, China’s central bank kept its medium-term policy rate unchanged for the fifth straight month.

* Investors have dramatically raised their bets that the Fed will raise interest rates by 75 basis points (bps) rather than 50 bps on Wednesday, a swing in expectations which has fuelled a violent sell-off across world markets. DATA/EVENTS (GMT) 0645 France CPI (EU Norm) Final MM, YY May 1100 EU Reserve Assets Total May 1230 US Retail Sales MM May 1800 US Federal Open Market Committee announces its decision on interest rates followed by statement PRICES Three month LME copper Most active ShFE copper Three month LME aluminium Most active ShFE aluminium Three month LME zinc Most active ShFE zinc Three month LME lead Most active ShFE lead Three month LME nickel Most active ShFE nickel Three month LME tin Most active ShFE tin ($1 = 6.7250 Chinese yuan) (Reporting by Brijesh Patel in Bengaluru; Editing by Subhranshu Sahu)

China’s production of aluminium rose 3.1% to 3.42 million tonnes in May versus a year earlier. MARKETS NEWS * Asian markets were in a pensive mood on Wednesday as shell-shocked investors waited to see just how aggressive the Federal Reserve would be on rates, with many fearing drastic action would risk tipping the world into recession. June 15 (Reuters) – Aluminium prices rose from a seven-month low on Wednesday, supported by dwindling inventories and strong industrial output data from China, while traders waited to see how aggressive the U.S.

Federal Reserve would be on rate hikes. * The dollar held near its overnight 20-year peak.

* Workers at Chilean state-owned Codelco, the world’s largest copper producer, threatened on Tuesday to go on a company-wide strike due to a lack of investment at the mining firm’s troubled Ventanas smelter and refinery.