Metal traders achieved record profits for the second consecutive year, with Trafigura Group's metal trading profit reaching approximately $2 billion.
Metal traders achieved record profits for the second consecutive year, with Trafigura Group's metal trading profit reaching approximately $2 billion. Trafigura Group, which competes with Glencore Plc for the title of the world's largest metal trader, reported a record metal trading profit of approximately $2 billion for the fiscal year ending in September. Glencore also achieved its best-ever profits but was impacted by a $480 million provision related to iron ore trader Radiant World.
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