Previous Close | 475.00 |
Open | 473.80 |
Bid | 466.40 x 0 |
Ask | 480.40 x 0 |
Day's Range | 467.90 - 478.63 |
52 Week Range | 106.98 - 499.02 |
Volume | |
Avg. Volume | 43,174,396 |
Market Cap | 57.649B |
Beta (5Y Monthly) | 1.32 |
PE Ratio (TTM) | 17.57 |
EPS (TTM) | 0.27 |
Earnings Date | Feb 21, 2024 |
Forward Dividend & Yield | 0.10 (2.17%) |
Ex-Dividend Date | May 02, 2024 |
1y Target Est | 5.05 |
(Bloomberg) -- The world’s two biggest metals traders are moving to withdraw large volumes of aluminum from the London Metal Exchange in a complex trade made possible by new UK sanctions on Russian metal, raising questions about unintended consequences from the new rules.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to Them‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hit
Mining and trading house Glencore aims to take thousands of metric tons of Russian aluminium from the London Metal Exchange (LME) and return it at a later date to profit from rule changes, three sources familiar with the matter said. The LME has banned from its system Russian aluminium, copper and nickel produced from April 13 to comply with new U.S. and UK sanctions imposed over Russia's invasion of Ukraine. The distinction creates a trading opportunity for companies such as Glencore, which has a multi-year contract with Russia's Rusal, the world's largest aluminium producer outside China.
(Bloomberg) -- Russian aluminum giant United Co Rusal International PJSC fears that as much as 36% of its sales may be at risk as a result of sanctions imposed by the UK and US, according to a person close to the company.Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarS&P 500 Breaks Below 5,100 as Big Tech Sells Off: Markets WrapTrump Media’s $5.3 Billion Selloff Deepens as 270% Ra