NEWSWATCH: “U.S. Softens Stance on Rusal Sanctions; Aluminum Prices Plunge” – Bloomberg
“The U.S. softened its position on sanctions against Russia’s United Co. Rusal, sparking a plunge in aluminum prices. The U.S. Treasury said it would provide sanctions relief to Rusal if Oleg Deripaska relinquished control, according to statement on Monday. It also extended the deadline for companies to wind down dealings with the Russian aluminum producer by almost five months. Aluminum […]
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