Industry News

Sources: US not to impose sanctions on Russia’s aluminum industry

Views : 237
Update time : 2022-02-25 18:08:00
It was understood that the Biden administration will not impose sanctions on Russia that might disrupt global aluminum supply for the moment due to the current severe shortage of aluminum.

Russia’s aluminum supply accounts for approximately 10% of the US’ total imports, showing that the sanctions on Russia’s aluminum industry are likely to impact the economy of the US and its allies.

Besides, Russia is also a main exporter of oil, natural gas, wheat, and other metals.
Related News
Read More >>
2025 SMM field trip to Indonesia's aluminium industry: Second Stop - Huafon Group's Jakarta office 2025 SMM field trip to Indonesia's aluminium industry: Second Stop - Huafon Group's Jakarta office
Jun .23.2025
2025 SMM field trip to Indonesia's aluminium industry: Second Stop - Huafon Group's Jakarta office
Has the inflection point of inventory buildup in social inventory of aluminium ingots already formed? The bullish market sentiment still dominates Has the inflection point of inventory buildup in social inventory of aluminium ingots already formed? The bullish market sentiment still dominates
Jun .23.2025
Has the inflection point of inventory buildup in social inventory of aluminium ingots already formed? The bullish market sentiment still dominates
ArcelorMittal stops German decarbonization projects due to unfavorable environmental conditions ArcelorMittal stops German decarbonization projects due to unfavorable environmental conditions
Jun .23.2025
ArcelorMittal stops German decarbonization projects due to unfavorable environmental conditions
Global primary aluminum market has surplus of 226,300 tons in Apr Global primary aluminum market has surplus of 226,300 tons in Apr
Jun .23.2025
Global primary aluminum market has surplus of 226,300 tons in Apr