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...
Russian Federation aluminium titan UC Rusal is suing Anglo-Australian mining giant Rio Tinto Group to receive back its 20-percent share of Queensland Alumina Ltd. that the latter firm took from Rusal in the wake of Russia’s invasion of Ukraine earlier this year....
Russia’s aluminium sector could be in for some major changes to combat sanctions against the country, as raw materials and...
The world’s largest standardized forward contracts market will be increasing its clearinghouse default fund to twice its current amount next...
A survey last week by Germany’s BGA trade association showed that, despite an expected economic slowdown, German businesses fully supported...
Anglo-Australian mining giant Rio Tinto Group said this week it will sever all ties to businesses from the Russian Federation in light of that country’s invasion of Ukraine last month, joining a wide array of major firms that have announced their exodus from the country. Rio Tinto does not currently have any operations in either […]
The Russian Federation is amenable to switching its power sources to renewables, but any such transition will be gradual so as not to spike power prices and, by extension, the industries that rely upon them heavily, including aluminium smelting. Such was the message conveyed by the country’s Deputy Energy Minister Pavel Snikkars earlier this week. […]
Aluminium sector trade group Aluminum Association lauded the United States Department of Commerce for its final determination that importers from Russia and four other countries have been dumping certain aluminium foils on the American market. On Friday the Commerce Department found that aluminium foil exporters from Armenia, Brazil, Oman, Russia, and Turkey have been flooding […]
Several sources with knowledge of the situation told Reuters this week that talks between the Russian government and producers of aluminium and other metals and fertilizers have yet to yield a consensus on how best to implement Moscow’s new tax structure on the commodities. Half a dozen separate sources told the wire service said that […]
The government of the Russian Federation imposed export duties upon a wide range of steel and non-ferrous exports, including primary aluminium, late last month. Russian Prime Minister Mikhail Mishustin signed the order to levy export duties upon 340 varieties of metals exports on June 25th. The export duties will go into effect at the first […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
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 ...