Economics
Russia Sanctions Throw Global Aluminum Industry Into Chaos
- Rusal alumina buyers face ‘nightmarish scenario,’ CRU says
- Rio said last week it declared force majeure on some contracts
Does the Aluminum Rally Have Room to Run?
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The U.S. sanctions on United Co. Rusal that have sent aluminum prices surging should be great news for rival producers like Rio Tinto Group.
Spoiler alert: they’re not.