Loading prices...

Register/Sign in
ScrapMonster
Are ads getting in your way? Register for Ad-free pages and live data.
Get an instant offer on your damaged car
Aluminum July 18, 2023 08:40:13 PM

Chinalco Cancels Aluminum Deals with Independent Traders

Paul Ploumis
ScrapMonster Author
Bloomberg said it was unclear how much aluminium would be affected.
Chinalco Cancels Aluminum Deals with Independent Traders

SEATTLE (Scrap Monster): A unit of Aluminum Corp of China Ltd, the country's top state-owned metals producer, has terminated some aluminum contracts amid a government-led investigation into deals in the market, Bloomberg News reported on Monday.

China Aluminum International Trading Group Co has notified several independent traders that it will not deliver or purchase aluminum ingots under term contracts for the rest of the year, Bloomberg reported, citing unnamed people with knowledge of the matter.

Aluminum Corp of China Ltd, known as Chinalco, did not immediately respond to emailed requests for comment or answer telephone enquiries after business hours on Monday.

Bloomberg said it was unclear how much aluminium would be affected.

Courtesy: www.nasdaq.com

Are ads getting in your way? Register for Ad-free pages and live data.

How to Recycle

Proper Disposal of Alkaline Batteries

Proper Disposal of Alkaline Batteries

Improper disposal of alkaline batteries can result in various negative consequences. Explore our blog post to discover safe disposal methods.
Christmas Tree Recycling - Responsible Ways

Christmas Tree Recycling - Responsible Ways

Proper preparation and using a reliable Christmas tree recycling directory ensures responsible disposal and maximizes the benefits.
Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop throwing away LED light bulbs and dispose of them responsibly. Proper disposal ensures environmental safety and sustainability.
powered by RecyclingMonster
Are ads getting in your way? Register for Ad-free pages and live data.
×

Quick Search

Advanced Search