Russia’s Aluminium Consumption To Rise By 300k Metric Tons This Year – Trade Minister Manturov
In an effort at mitigating the damage done by sanctions and tariffs lately applied to domestic smelters by the United...
Russia
U.S. Government May Lift Sanctions On Rusal – Mnuchin
A light at the end of the sanctions tunnel appeared late last week for embattled Russian Federation aluminium smelter U.C. Rusal in the form of comments made by United States Treasury Secretary Steven Mnuchin noting the Trump administration’s openness to removal of...
Russia Files Complaint Against United States At WTO Over Trump Aluminium Tariffs
The government of the Russian Federation has become the latest entity to file suit at the World Trade Organization against...
Moscow Petitions WTO for Third-Party Status in Aluminium Tariff Negotiations Between US and EU
The government of the Russian Federation said Tuesday that it has requested to join consultations at the World Trade Organization...
Events
Tariffs and Sanctions Prompt Rusal to Move Stockpiles to Ports in May
Struggling beneath the yoke of aluminium tariffs and the millstone of sanctions imposed by the United States Treasury Department, Russian Federation smelter U.C. Rusal’s exports of aluminium appeared to rise sharply last month. However, according to sources, the movement of aluminium was to ports in an effort at freeing up space around the company’s plants. […]
Russian Lawmaker Counsels Strong Response Against Trump Aluminium Tariffs
A prominent lawmaker in the Russian Federation government is urging a swift and strong response to the economic sanctions levied upon global aluminium imports, just as Canada, Mexico, and the European Union have already promised to do. Vladimir Gutenev, Russia’s First Deputy Chairman of the State Duma’s Committee on Economic Policy, Industry, Innovative Development and […]
U.S. Treasury Deadline for Rusal Divestment Extended to August 5 as Deripaska Departure Deal Progresses
Though viewed by some as a relaxation of sanctions for Oleg Deripaska’s companies, experts say a two-month extension granted by the United States Treasury Department to shareholders of En+ Group, GAZ Group, and Rusal is simply a move to protect all parties involved from significant financial losses as well as granting more time for the […]
Russian Government Searching for Ways to Help Embattled Aluminium Industry: Deputy PM Kozak
The Russian Federation government is in the process of finding new and effective ways of boosting its country’s native aluminium industry. So said one of the state’s top officials in the course of comments made to the press last weekend. Russian Deputy Prime Minister Dmitry Kozak told reporters at the St. Petersburg International Economic Forum […]
Russian Automaker AvtoVAZ Searching for Long-Term Replacement for Aluminium from Sanction-Laden Rusal
Russian Federation automotive manufacturer AvtoVAZ said late last week that, though it is remaining a customer with sanction-crippled Rusal, it is hunting for a more stable source for aluminium in the long term should sanctions remain. Nicolas Maure, who is stepping down as president of the automaker, told Reuters yesterday that his firm would like […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
