Russia

U.S. Government May Lift Sanctions On Rusal – Mnuchin

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...

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 […]