russia sanctions aluminium

LME Bans Russian Aluminium In US Warehouses

LME Bans Russian Aluminium In US Warehouses

Earlier this week the London Metal Exchange (LME) made the decision to ban Russian aluminium from its warehouses in the United States due to the recently enacted import tariffs. Late last week the Biden Administration announced new import tariffs on Russian aluminium...

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Events

Constellium To Continue To Buy Aluminium From Rusal Despite Possible Sanctions

Constellium To Continue To Buy Aluminium From Rusal Despite Possible Sanctions

European value-added aluminium firm Constellium NV currently has no plans to stop purchasing primary aluminium from UC Rusal despite the near-global condemnation of Russian products due to the country’s invasion of Ukraine in February. Such was the story conveyed to Reuters late last week by a company executive. The unidentified executive told Reuters that aluminium […]

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Russia’s Metal Sector Must Change To Adapt To “Illegal” Sanctions: Putin

Russia’s Metal Sector Must Change To Adapt To “Illegal” Sanctions: Putin

Russia’s aluminium sector could be in for some major changes to combat sanctions against the country, as raw materials and sales of finished product have been hampered due to limits enacted by the global community. Such was the message delivered by Russia’s leader Vladimir Putin on Wednesday. In a televised meeting with various metals industry […]

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Spat Over Aluminium And Steel Tariffs Between U.S. And Russia Not Likely To Be Resolved This Year: Russia’s Economic Minister

Spat Over Aluminium And Steel Tariffs Between U.S. And Russia Not Likely To Be Resolved This Year: Russia’s Economic Minister

The ongoing conflict between Moscow and Washington, D.C. over tariffs on aluminium and steel is not likely to come to a friendly conclusion by year’s end. Such was the message expressed yesterday by a representative of the Russian government. In comments to Russian news agency TASS, Economic Development Minister Maxim Oreshkin that litigation over the […]

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Rusal Resumes Aluminium Shipments To U.S. Buyers

Rusal Resumes Aluminium Shipments To U.S. Buyers

With sanctions finally in the rear-view mirror, Russian Federation aluminium giant U.C. Rusal said earlier this week that it has resumed shipments to buyers in the United States. In comments made to Reuters on Monday, Rusal CEO Evgenii Nikitin said that the firm will spend much of the rest of this year working to re-sign […]

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Despite Sanctions, Rusal’s Sales Of Alumina Jumped By 26.8 Percent In 2018

Despite Sanctions, Rusal’s Sales Of Alumina Jumped By 26.8 Percent In 2018

Russian Federation aluminium titan U.C. Rusal reported financial and production results for 2018 yesterday, turning in strong numbers especially in light of the sanctions placed upon it for the majority of the year by the United States government. In 2018, Rusal smelted 3,753 thousand metric tons of primary aluminium, 1.2 percent above the prior year’s […]

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