Oleg Deripaska isn't planning on giving up control of Rusal, according to the report, instead hoping a management reshuffle and lobbying by European governments can combine to ease U.S. sanctions.
The sanctions, according to at least one European aluminum executive, are likely to do more harm to Europe than to Putin.
Aluminum prices on the LME are gaining the most in a week on the news.
Alcoa (AA +2.6%), Century Aluminum (CENX +2.4%), Kaiser Aluminum (KALU +4.5%), Constellium (CSTM +5.4%), Arconic (ARNC +0.1%)
MELBOURNE:London aluminium and zinc prices slipped on Tuesday after the United States delayed aluminium and steel tariffs for some countries and announced permanent exemptions for others, raising the prospect of better metal supply
Bought Pmetal in 2014 before splitting, 6.6 for 1, now i own 5.6 units, if no splitting meaning the value now is more than 30k.. Bought Maybank in 2014 for 9.5, now 10.5
Now myself really concentrate on PMB TECH counter . Press Metal and Pmb Tech , sama-sama boleh dan tetap boleh . Thank you very much . Avoid all those noises .
PMB TECH already sampai ke " Langit " . Terima kasih banyak-banyak . Next will be PRESS METAL ALUMINIUM HOLDING BERHAD . PMB TECH still can climb higher because its was run by the same management of Press Metal .
Press Metal Aluminium Holdings Bhd (May 18, RM4.73) Maintain buy with a lower target price (TP) of RM5.60: Press Metal Aluminium Holdings Bhd’s first quarter ended March 31, 2018 (1QFY18) core net profit of RM150.5 million was below our and market expectations, making up only 18% to 20% of our and consensus estimates respectively
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Solomon7
370 posts
Posted by Solomon7 > 2018-04-26 21:31 | Report Abuse
Aluminium futures spiking up