Under the terms of the sanctions, imposed in April in response to Moscow's alleged meddling in the 2016 U.S. election, U.S. customers must wind down business with Rusal by Oct. 23.
Aluminum Mining News
The U.S. Commerce Department said it was investigating recent steel price hikes to determine whether some market participants were "illegitimately profiteering" from 25 percent tariffs introduced by Trump on steel imports.
Russia's Rusal is the world's largest aluminium producer outside China.
China alumina, aluminium output set for repeat curbs this winter.
Imports of jewelry, precious metals and stone products would be under the microscope.
Shandong's Environmental Protection Bureau said it would cut pig iron production capacity by 600,000 tonnes and crude steel by 3.55 million tonnes by the end of this year.
Trump has reportedly rejected a plan to levy tariffs of 10 percent on an additional $200 billion of imports from China and ordered aides to prepare a proposal for tariffs at the higher rate of 25 percent.
Canadian microbreweries are facing a shortage of cans and higher costs, forcing some to cut beer production after the country imposed retaliatory import duties on U.S. aluminum imports in the busy summer season.
Alumina is having a turbulent year.
U.S. tariffs on auto may hugely impact on Japanese industries.
Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin.
The London Metal Exchange aluminium price has on Friday morning touched $2,021.50 per tonne.
Donald Trump’s attempts to re-balance global trade have already sent the metals world into a tizzy and as countries respond to U.S. tariffs and sanctions, the disarray is set to increase.
Bears ignore soothing words about US-China trade war dropping copper to near 1-year low in frenzied trade.
Europe warns Trump vehicle tariffs likely lead to counter-measures by its trading partners on $294 billion of US exports.
Teneris will lay off 40 workers at its TenarisAlgomaTubes plant in Ontario and adjust output there because of the U.S. tariffs on steel and aluminum imports.
Canada struck back at the Trump administration on Friday over U.S. steel and aluminum tariffs, vowing to impose punitive measures on C$16.6 billion ($12.63 billion) worth of American goods until Washington relents.
In a lawsuit filed Wednesday the American Institute for International Steel and two of its member companies argue that the US president’s tariffs on steel and aluminum imports are unconstitutional.
"Metals markets are well supplied and weaker demand from China will prove too strong a headwind for prices," says new report.
The world's top miner is said to have hired Goldman Sachs to assist with the sale of the Western Australia-based nickel operation.
The selected areas are known for presenting high levels of aluminum, cadmium, copper, iron, lead and/or zinc.
So far, Trump has taken little action beyond tariffs of 25 percent on steel and 10 percent on aluminum on imports from China, the European Union and other countries.
Tianshan has annual aluminium smelting capacity of 1.4 million tonnes.
How did we get here and what does this ratcheted-up trade war mean for Canada, the United States and investors?
The exchange said in March that any launch of a new cobalt contract would not be until the end of 2018 or early 2019.