Industry News

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

Views : 292
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 >>
ArcelorMittal begins mining operations in Argentina ArcelorMittal begins mining operations in Argentina
Feb .06.2026
ArcelorMittal begins mining operations in Argentina
Taiwan launches AD sunset review on Chinese aluminum foil Taiwan launches AD sunset review on Chinese aluminum foil
Feb .06.2026
Taiwan launches AD sunset review on Chinese aluminum foil
Jindal Stainless to expand capacity with new Wuhan Qianye rolling mill Jindal Stainless to expand capacity with new Wuhan Qianye rolling mill
Feb .06.2026
Jindal Stainless to expand capacity with new Wuhan Qianye rolling mill
Nirav Commercial approves sale of aluminium unit for $0.13M to Hind Aluminium Nirav Commercial approves sale of aluminium unit for $0.13M to Hind Aluminium
Feb .06.2026
Nirav Commercial approves sale of aluminium unit for $0.13M to Hind Aluminium