NEWSBREAK: Nizi International closes base metals desk after two decades

Nizi International has closed its base metals trading desk and book after over 20 years in that sector of the industry.

The Luxembourg-based merchant ran down the remainder of its physical base metals book at the end of 2019. Traders including Koen Swerts and Pascal Piette have shifted to its ferro-alloys business, informed sources who declined to be named told Fastmarkets.

Nizi International chief executive officer Ulf Berg stepped down from the role toward...

Published

Archie Hunter

Justin Yang

Julian Luk

January 14, 2020

09:34 GMT

London