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....
Russia
Ripple From Trump Aluminium Tariffs and Rusal Sanctions Continue To Rock Boats Around The Globe
Although a great deal of ink has been slung over the trials and travails of Russia’s U.C. Rusal in recent months, what has been largely overlooked is the pain and suffering experienced by a myriad of other firms around the world due...
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 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...
Events
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 between the United States and the European Union over the Trump administration’s aluminium tariffs. Per the request, which is dated June 15, Moscow seeks to be included in the proceedings as a third party as […]
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 […]
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 old tradition, a one-day field trip for conference delegates was organized to the Aluminium of Greece (AoG) plant, some 180 km from ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
Electric Vehicles (EVs): outlook for sales and aluminium demand
After last year’s electric vehicles (EVs) sales increase of 72% year/year, to 2.02 million, this year’s growth is expected to ...
Are Things Finally Looking Up For The Aluminium Market?
Base metals prices recovered sharply in the first half of September, after a seasonal slump in August, as investors and ...
