Written by Abdel Halim Salem Wednesday, November 08, 2023 03:00 AM Metal prices recorded varying increases London Stock Exchange Especially aluminum ore, which Egypt represents an important source for exporting abroad through national factories alongside the countries of China, Russia, India and Canada, which lead global production and export. The movement of metals is affected … Read more
Jakarta – After iron, aluminum is the most commonly used metal, making it a very valuable commodity. Over the past few years, China has significantly increased global aluminum production. But there are clues that reveal the suspicion that one particular person is playing the market. According to an investigation conducted by the Wall Street Journal, … Read more
Jakarta, CNBC Indonesia – Holding of the State-Owned Mining Company (BUMN), Mining Industry Indonesia aka MIND ID, recorded a surge in net profit throughout 2021. MIND ID’s net profit in 2021 jumped 687% to Rp 14.33 trillion from Rp 1.82 trillion in 2020. MIND ID President Director Hendi Prio Santoso said, “The company’s positive performance … Read more
The main index of the Moscow Stock Exchange RTS lost over ten percent shortly after the start of trading, later erased part of the losses and shortly before 10:00 CET showed a decrease of about seven percent to 1122 points. The Russian ruble has fallen against the dollar to its lowest level in almost two … Read more
Jakarta, CNBC Indonesia – President Joko Widodo (Jokowi) has ordered that bauxite exports be stopped starting in 2022. This needs to be done so that Indonesia no longer sells raw raw materials, but must add value first after going through the domestic processing and refining process. Regarding this issue, PT Aneka Tambang Tbk (ANTM) as … Read more
Stocks in Europe are at a record low during this period. Supplies of gas pipelines from Russia and Norway are limited. This is worrying because calmer weather has reduced the production of electricity from wind turbines and aging European nuclear power plants are gradually being taken out of service or more prone to outages. This … Read more
Jakarta, CNBC Indonesia – Aluminum prices hit a record high price since 13 years ago in today’s trading. Encouraged by China’s aluminum supply, which fell to touch its lowest point since December 2020. On Monday (13/9/2021) at 15:20 WIB, the world aluminum price was recorded at US$ 2960/ton. Up 1.19% compared to yesterday’s closing price. … Read more