AEC Urges Trump Administration Against Aluminium Import Quotas
American aluminium trade group The Aluminum Extruders Council (AEC) announced yesterday that it has fallen in line with the Aluminum...
The sanctions the United States government levied upon Oleg Deripaska and U.C. Rusal earlier this month have dominated the aluminium headlines, and rightly so. Though Washington, D.C. has since relaxed the sanctions, the slight reprieve is not a long-term answer to the...
American aluminium trade group The Aluminum Extruders Council (AEC) announced yesterday that it has fallen in line with the Aluminum...
Though Norsk Hydro A.S.A. returned higher overall numbers for the first quarter, the mandated capacity cut at Alumina do Norte...
The United States government has slightly softened its stance against Russian aluminium smelter U.C. Rusal, announcing on Monday that the...
Following the US Treasury’s sanctions imposed on April 6th 2018 on aluminium tycoon Oleg Deripaska and his companies, En+ Group has initiated an extensive reorganisation of its management. On April 24, the Group informed stakeholders in a press release that the Board of Directors had approved the appointment of Vyacheslav Solomin as Chief Executive Officer […]
Fallout continues from the United States government’s sanctions upon U.C. Rusal, as American firms Ball Corporation and Arconic Inc. may be forced to sell their Russian assets should a workaround not be found. The two American companies, who control one quarter of Russia’s aluminium usage, operate four plants between them in the country, and the […]
In early April, right as LME aluminium prices slipped below US$ 2000/tonne and heralded further falls, the U.S. Treasury Department announced fresh sanctions against Russia. The U.S. imposed sanctions against 24 Russian businessmen, striking at allies of President Vladimir Putin in a quite unexpected and aggressive move to punish Moscow for its alleged meddling in […]
With the ink scarcely dry on a similar announcement by Rio Tinto Group, Norsk Hydro A.S.A. revealed on Friday that it may be forced to declare force majeure on certain contracts it has with U.C. Rusal. Hydro told investors that the sanctions levied upon Rusal by the United States government may prevent it from fulfilling […]
Ripples from the United States government’s sanctions on Rusal continue to radiate out from Moscow, reaching businesses across Europe and in North America, among other locales. Though the issue has yet to reach global headlines, Jamaica’s West Indies Alumina Company (Windalco) may well be the next domino to fall in the Rusal sanctions saga. Employing […]
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 ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
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