Aluminium premia spike on planned Russian export tax
Russia has proposed introducing an export duty on aluminum as part of new measures to curb creeping inflation, sending regional premia in crucial European markets soaring, a new analysis by…
Rusal
BofA forecasts 4.7M tonne aluminium surplus
Bank of America Securities estimates global demand for aluminium will fall by 7.2% year-on-year in 2020 while supply will likely increase by 2%. Prices for the metal already have plunged…
Editorial: Rusal sanctions sow market turmoil
The global aluminum markets have been in an uproar since April 6, when the U.S. government imposed tough sanctions on Russia’s oligarchs. Caught in the net are aluminum giant Rusal…
The Northern Miner Podcast – episode 99: Rusal sanctions sow chaos in aluminum markets
This episode is all about base metals, with the latest developments in iron ore, copper and zinc. But the biggest news of all is the imposition of sanctions by the…