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.


25.04.2018 17:24
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 75.1825 -0.1393 21 nov
USD 65.5871 -0.4210 21 nov
Stock Market Indices
1D 1W 1M 1Y
rtsi 1132.12 -0.32 16:09 20 nov
micex 2360.24 -0.57 16:09 20 nov
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 153.83 -0.18 15:54 20 nov
lkoh 4810.00 -0.73 15:54 20 nov
rosn 415.05 -2.13 15:54 20 nov
sber 196.70 -0.65 15:54 20 nov
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 74.9725 -0.2775 14:59 20 nov
USDTD 65.6500 -0.2750 15:53 20 nov