Report: Glencore may resume aluminum purchases from RUSAL - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: Glencore may resume aluminum purchases from RUSAL

MOSCOW, Apr 25 (PRIME) -- Swiss commodity trader Glencore, the biggest buyer of aluminum of Russian UC RUSAL, plans to resume purchases after the U.S. has softened its anti-Russian sanctions, news agency Bloomberg reported citing sources familiar with the situation on Wednesday.

Glencore has decided that it may continue buying RUSAL’s aluminum until October, according to the sources.

Glencore declined to comment. RUSAL failed to answer promptly.

On Monday, the Office of Foreign Assets Control (OFAC) said that the U.S. can lift sanctions against RUSAL if businessman Oleg Deripaska cedes the control.

On April 6, the U.S. imposed sanctions against 38 Russian tycoons, officials and companies including Deripaska.

End

25.04.2018 17:24
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 77.3846 +0.0014 27 sep
USD 65.7585 -0.0659 27 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1163.88 -0.44 13:14 26 sep
micex 2429.37 -0.61 13:14 26 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 160.18 -0.41 13:00 26 sep
lkoh 4804.00 -1.96 13:00 26 sep
rosn 457.05 -0.64 13:00 26 sep
sber 194.65 -0.46 13:00 26 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 77.3450 -0.2150 14:59 26 sep
USDTD 65.7500 -0.0150 17:44 26 sep