Bosnia’s Aluminij to raise output after import tax scrapped
SARAJEVO, Dec 29 (Reuters) – Bosnian aluminium smelter Aluminij Mostar said on Friday it expects to boost its annual output by 15 percent to 184,000 tonnes of metal and raise exports by $55 million after the government scrapped import taxes on unalloyed aluminium in 2018. Aluminij, which is among Bosnia’s top exporters, has narrowly avoided […]
Euro steigt erstmals seit September über 1,20 USD
FRANKFURT (dpa-AFX) – Der Eurokurs hat am Freitag erneut zugelegt und ist über 1,20 US-Dollar gestiegen. Am Nachmittag lag der Kurs bei 1,2001 Dollar. Dies ist der höchste Stand seit September. Im frühen Handel hatte der Euro noch rund einen halben Cent niedriger notiert. Die Europäische Zentralbank (EZB) hat den Referenzkurs auf 1,1993 (Donnerstag: 1,1934) […]
Commodities End 2017 With a Bang in Longest Rally on Record
(Bloomberg) Commodities started the end-of-year party early. The Bloomberg Commodity Index, which measures returns on 22 raw materials, closed up 11 days in a row — a repeat on Friday would result in the longest run in records dating back to 1991. It climbed 0.3 percent at 9:43 a.m. in New York. While the index has […]
China key to copper, aluminium holding multi-year highs
LONDON, Dec 29 (Reuters) – China’s war on polluting industries, its supply reforms and robust demand growth have this year combined to create a bonanza for copper and aluminium which are heading for their biggest rises since the turn of the decade. However, prices slid on Friday as traders and funds took profits and squared […]
