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...
russia sanctions aluminium
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...
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...
End To Sanctions On Rusal A Boon To Armenian Aluminium Supplier
Easing of sanctions upon Russian Federation aluminium giant U.C. Rusal will be a boon to an aluminium mill that provides...
Events
U.S. Government Extends Rusal Sanction Reprieve To Early January
The Trump administration announced on Friday another month-long extension of a reprieve from sanctions for En+ Group, Rusal, and GAZ, noting the progress founder Oleg Deripaska is making toward divesting his interests in the firms. Per a press release from the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the trio of […]
Aughinish Alumina Warns Of Imminent Difficulties Due To OFAC Sanctions On Rusal
Top brass at Ireland’s Aughinish Alumina refinery warned last week that sanctions placed upon its parent company by the Trump administration are threatening the plant’s continued operations. Executives from Limerick Alumina Refining Ltd (LARL) noted in corporate filings that it has been on tenterhooks since April, when the U.S. Department of the Treasury’s Office of […]
United States Government Extends Rusal Sanctions Deadline To December 12
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has granted another month’s reprieve to Russian Federation aluminium titan U.C. Rusal with its announcement on Friday that the expiration date of the company’s general licenses has been pushed back to December 12. According to OFAC, the extension embodied in General Licenses 13E, […]
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 People’s Republic of China to carry on business there. So said a trio […]
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 […]
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 ...
