Russian is reported to have resumed transportation of some aluminum business
May. 25, 2018
Russian is reported to have resumed transportation of some aluminum business.
Sources said that last week, Russian resumed the transportation of aluminum products to some of its customers.
Before this, the United States announced that it would extend the trading time between the company and Russian to October 23, and if Russian's major shareholder, Oleg Deripaska, gave up its holding, the United States will lift sanctions against Russian.
Industry sources said that aluminum is being shipped, all parties to the existing contracts have begun delivery, shipments are very large, but declined to disclose specific figures;
Aluminum supply uncertainty support aluminum prices, LME 3 since April 6 Monthly aluminum has risen by more than 10%.