Russian aluminum giant Rusal states that the new US and UK sanctions will not impact its ability to supply due to unaffected global logistic delivery solutions, banking access, and production systems. The Kremlin views the sanctions as a double-edged weapon, noting destabilized market prices. Russian metal accounts for a significant portion of LME aluminum, copper, and nickel stocks. Despite concerns, traders are exploring opportunities to profit from the complex sanctions.
Traders are already finding ways to make money off the convoluted new UK and US sanctions on Russian metal https://t.co/ZLQ6GMxTsr
Authorities opt for market stability over ban on Russian metal #aluminium #nickel #copper https://t.co/svotisccol
Ru business news 15/Apr/2024: In light of the ban on Russian metals the stock price of Nornickel fell 2%, Rusal 2,18% and Rusolovo 3%. https://t.co/4vW9S0xy4Z