Steve Mnuchin

U.S. Government May Lift Sanctions On Rusal – Mnuchin

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...

Events

U.S. Sanctions Not Meant to Slay Rusal: Treasury Secretary Mnuchin

Though the United States government says it isn’t trying to snuff the life from Russian aluminium giant U.C. Rusal, Treasury Secretary Steven Mnuchin says that Oleg Deripaska must relinquish his majority position in the firm before he’ll entertain the possibility of a détente. “The first aspect would be that he sells down below 50 percent,” […]

Deripaska, Rusal, and En+ Group Face Sanctions From U.S. Treasury Over Alleged Election Interference

Russian Federation aluminium giant U.C. Rusal is searching for answers in the wake of sanctions levied against it and other Russian interests on Friday by the United States Treasury Department. The world’s second-most-prolific aluminium maker found itself caught up in the latest sanctions against individuals identified by Washington, D.C. as being connected to or otherwise […]

Australia Aluminium Producers Win Exemption from Coming United States Tariffs

Thanks to talks among trade officials from Australia and the United States on the sidelines of the late G20 summit in Germany, stringent aluminium tariffs expected to be handed down by the Trump administration will exempt aluminium producers from Down Under. Australia’s prime minister Malcolm Turnbull and finance minister Mathias Cormann met privately with Treasury […]