Russia

Despite U.S. Sanctions, Rusal Records 55% Rise In Profits In Third Quarter

Despite U.S. Sanctions, Rusal Records 55% Rise In Profits In Third Quarter

Russian Federation aluminium behemoth U.C. Rusal released results for the third quarter yesterday. Though still laboring under sanctions imposed on it by the Trump administration, Rusal posted a 55-percent jump in net profits in the just-ended quarter. In the third quarter Rusal...

Events

Minor Loosening Of U.S. Sanctions On Rusal May Have Major Repercussions

A minor adjustment to the sanctions imposed upon Russian aluminium giant U.C. Rusal by the Trump administration may portend potentially major changes in the measure that has hobbled the firm and sent a tsunami of chaos and uncertainty throughout the global aluminium trade. On Friday the United States Treasury Department’s Office of Foreign Asset Control […]

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 struck between aluminium suppliers and their buyers for what sales of aluminium above […]