United Kingdom

Eric Onstad

METALS-Aluminium slips after U.S. vote clears way for lifting of Rusal sanctions

17 Jan 2019

LONDON, Jan 17 Aluminium fell on Thursday after a vote by U.S. lawmakers cleared the way for sanctions to be lifted on major producer Rusal, potentially increasing supply.

LME to launch seven new contracts on March 11, lithium due in fourth quarter

17 Jan 2019

LONDON The London Metal Exchange (LME) will launch seven new cash-settled futures contracts on March 11, including hot-rolled coil (HRC) steel and alumina, it said on Thursday.

Marex Spectron warned by executive of fraud risk - lawsuit documents

17 Jan 2019

LONDON Commodities broker Marex Spectron was warned by one of its executives about the risk of fraud before it finalised a metals financing deal with French bank Natixis that triggered a $32 million (£24.8 million) lawsuit by the lender, court documents seen by Reuters show.

METALS-Aluminium drops as bears attack, others wait for news on China

08 Jan 2019

LONDON, Jan 8 Aluminium prices slipped on Tuesday as bearish speculators kept up selling pressure, while other base metals were lacklustre ahead of the conclusion of U.S.-China trade talks.

METALS-Copper recovers, but others slip as China worries weigh

27 Dec 2018

* China industry earnings fall for first time in nearly 3 years

Lab-grown diamond prices slide as De Beers fights back

21 Dec 2018

LONDON Since De Beers abandoned its decades-old policy of refusing to sell lab-grown diamonds as jewelery, the price gap between man-made stones and natural gems has widened - and the difference is set to get even bigger.

METALS-Copper rebounds on hopes a Fed rate pause will lift demand

19 Dec 2018

LONDON, Dec 19 Copper rebounded cautiously on Wednesday from three-month lows hit in the previous session on hopes the U.S. central bank would slow the pace of interest rate rises, supporting metals demand.

METALS-Copper slips on concern about weaker growth, demand

17 Dec 2018

LONDON, Dec 17 Copper and most other base metals slipped on Monday on worries that weaker global growth will curb demand, but many investors were on the sidelines ahead of key economic meetings in China and the United States.

Vale says recent dip in global steel prices is temporary

06 Dec 2018

LONDON Brazil's Vale, the world's largest iron ore miner, said on Thursday a recent dip in global steel prices is temporary due to overproduction in China ahead of winter output cuts.

METALS-Copper drifts to 1-week low as U.S.-China tensions rekindled

05 Dec 2018

LONDON, Dec 5 Copper fell to its lowest level in a week on Wednesday after comments by U.S. President Donald Trump stoked more worries about trade tensions with top metals consumer China.

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