Lack of direct sanctions against Russian aluminium fails to halt rapid advance of premiums in Europe

The European aluminium industry fretted over the availability of Russian material the last time sanctions were applied in 2018, but with premiums already pushing to near all-time highs following Russia's invasion of Ukraine, it's clear the market's reaction is very different this time around.

On Tuesday March 15, duty-paid premiums in Rotterdam reached their highest level since Fastmarkets began assessing the market in 1987, despite there currently being no direct sanctions in place against...

Published

Imogen Dudman

March 17, 2022

17:04 GMT

London