-
Glencore traded 5,000 tonnes of Russian copper via Turkey
Swiss multinational commodity trading company Glencore purchased some 5,000 tonnes (t) of Russian copper routed through Turkey to Italy in July, according to a report by the Financial Times on Tuesday. While blanket sanctions on purchasing Russian metals currently do not exist, the trade via third countries highlights Europe’s continued dependence on Russian commodities. The copper sheets purchased by Glencore were made by Russia’s Ural Mining and Metallurgical Company (UMMC), and were exported through Turkey to Italy’s Livorno port, the report stated. In July 2022, the EU added the head of UMMC to the list of ... (full story)
- Comments
- Subscribe
-
- Older Stories
From bnnbloomberg.ca|Sep 28, 2023|2 commentsFederal Reserve Bank of Chicago President Austan Goolsbee said policymakers shouldn’t place too much weight on the traditional economic idea that steep job losses are needed to ...
From nar.realtor|Sep 28, 2023|1 commentPending home sales slid 7.1% in August, according to the National Association of REALTORS®. All four U.S. regions posted monthly losses and year-over-year declines in ...
From brecorder.com|Sep 28, 2023Copper prices rebounded on Thursday after traders squared positions ahead of a long public holiday in China, but a firm dollar weighed on the rally. Three-month copper on the LME ...
-
- Newer Stories
From bnnbloomberg.ca|Sep 28, 2023Gold in China dropped the most in three years after Beijing permitted more imports, all but closing the gap with international prices that’s persisted for weeks. The precious ...
From bnnbloomberg.ca|Sep 28, 2023US consumer spending advanced at half the pace as previously reported in the second quarter, largely due to weaker services outlays, according to government figures published ...
From cnbc.com|Sep 28, 2023The U.S. 10-year Treasury touched a fresh 15-year high on Thursday after the latest economic data showed continued resilience in the labor market. The yield on the benchmark ...
- Story Stats
- Posted: Sep 28, 2023 11:00am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 142
