Oleg Deripaska: due to 200% US duties, Russia will lose a large aluminum sales channel

March 2 – BLiTZ. According to RIANews”, Russia, apparently, will lose a significant sales channel for aluminum if the US imposes a 200% duty on imports of Russian metal. This was stated by the founder of Rusal (one of the world’s largest aluminum producers) and En + Group, Oleg Deripaska.

Noting that the United States from March 10, 2023 plans to introduce a duty on imports of aluminum and aluminum products from Russia. The fee should be 200%. In addition, a similar duty will be introduced on the import of goods that contain any, even a small amount of aluminum from Russia. Such a duty is planned to be introduced from April 10.

Oleg Deripaska did not say where the deliveries of Russian aluminum would be redirected after the actual closure of the US market.

Oleg Deripaska urged to bet on private business and friendly markets to boost the Russian economy March 2, 2023 at 13:30

Aluminum exports from Russia in 2021 amounted to about 3.5 million tons.

For latest updates and news follow BLiTZ on Google News, YouTube, Facebook, and also on Twitter.

- A word from our sponsors -

Most Popular

Leave a Comment

%d bloggers like this: