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...
rusal sanctions
Rusal To Establish Trading Team In Beijing To Carry On Aluminium, Alumina Business In China: Sources
With the other shoe to drop in just under a month in the form of a deadline for third parties to end business relations with the firm, Russian Federation aluminium titan U.C. Rusal is hurriedly establishing a team of traders in the...
U.S. Sanctions On Rusal Lead RusHydro To Reconsider Partnership In Proposed Taishet Aluminium Smelter
The shadow of United States sanctions has soured a deal between Russian aluminium titan U.C. Rusal and compatriot power company...
Russian Government Prepared To Aid Rusal Should Conditions Warrant It: Manturov
The Russian government is prepared to step in with help for aluminium smelting giant U.C. Rusal should the Trump administration’s...
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 […]
Why Aluminium Prices Could Still Go Up in H2 2018
Base metals prices have been under pressure in recent weeks due to the looming trade war between the US and the rest of the world. Though imposing unilateral tariffs on Chinese aluminium, steel and many other goods was not a surprise per se, tariffs on steel and especially aluminium coming from U.S. allies, as well […]
Trump Aluminium Trade Hurdles Could Have Serious Ramifications for Jamaican Alumina, Foreign Minister Warns
Jamaica’s Minister of Foreign Affairs and Foreign Trade Kamina Johnson Smith cautioned citizens of the island nation that its thriving alumina export sector may well have been struck a mortal blow by the Trump administration’s aluminium tariffs. Speaking at a press conference on Tuesday, Johnson Smith said that the Trump aluminium tariffs and the resulting […]
Guyanese Government Promises Protection for Workers Laid Off Due to U.S. Sanctions on Rusal
The fallout continues due to the United States Treasury Department’s decision to sanction Oleg Deripaska and Rusal, as 200 workers soon to be separated from their jobs at a Rusal contractor have turned to the Guyanese government for assurances regarding the severance benefits they are owed. The workers in question are soon to be laid […]
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 ...
