Russia

U.S. Sanctions May Mean A Lonely Mating Season For Rusal

U.S. Sanctions May Mean A Lonely Mating Season For Rusal

The yearly highlight of the global aluminium industry is set to begin on Wednesday in Berlin: Metal Bulletin’s 33rd International Aluminium Conference. The three-day meeting is typically considered the ground for the so-called “mating season,” that time of the year when deals are...

Events

Rusal’s Q2 Profits Overcome U.S. Sanctions Thanks To Rising Aluminium Prices

Higher global aluminium prices overcame nearly crippling sanctions in the second quarter to boost Russian Federation aluminium giant U.C. Rusal’s bottom line. Yesterday’s results were the first since the Trump administration’s April 6 sanctions on Oleg Deripaska, En+ Group, Rusal, and several other Russian individuals and firms. Rusal said the U.S. Office of Foreign Assets […]

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 the company from its sanctions list. Mnuchin made the comments to the news […]