Glencore says third-quarter trading 'healthy'

Nov 01, 2012 | 09:10 AM | Shivani Singh

Tags  Glencore, copper, zinc, nickel, lead, cobalt

SINGAPORE Trading house Glencore International Plc said its marketing arm continued to trade “strongly” in the third quarter, but warned it does not expect much improvement in global economic conditions in the near future.

“We are confident that in this environment our business model places us in a strongly competitive position, underpinned by our strong relationships in marketing and our highly capital-efficient, low-cost brownfield expansion projects in industrial activities,” Glencore said in its third-quarter results.....




Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results