Rusal sanctions weigh on US ali extruders: poll

The sanctions levied on Russian oligarch Oleg Deripaska and affecting Russian aluminium producer UC Rusal have led to a price squeeze for US extruders – fulfilling the expectations of American Metal Market readers.

In a reader poll, 61% of American Metal Market readers said they believed that the sanctions levied by the US Department of the Treasury last month would have a “limited impact” on the US downstream aluminium sector, causing “some disruptions.” Another 27% of readers said that the sanctions would “have a severe impact,” causing some companies to go out of business. Since the sanctions were implemented, aluminium premiums have risen. In particular, the 6063...

Published

May 24, 2018

01:57 GMT