NORTH AMERICAN MORNING BRIEF 20/12: LME aluminium price hits fresh 2018 low; China Molybdenum expects more acquisitions

December 21, 2018 / www.metalbulletin.com / Article Link

The latest metal markets news and price moves to start the North American day on Thursday December 20.

Base metals prices on the London Metal Exchange were predominantly higher during morning trading, with a weaker dollar index sustaining buying momentum while the potential removal of US sanctions against UC Rusal pressured aluminium to a fresh 2018 low.Reaching an intraday low of $1,905.50 per tonne, aluminium's three-month price fell to its lowest level of the year amid news of the US Treasury's plans...

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