Russia’s Rusal resumes aluminum supplies to American market

FILE PHOTO: Illustration picture of aluminium ingot made at the Rusal Krasnoyarsk aluminium smelter
FILE PHOTO: Aluminium ingot made at the Rusal Krasnoyarsk aluminium smelter are seen in this illustration picture taken January 28, 2019. REUTERS/Ilya Naymushin/File Photo

April 1, 2019

KRASNOYARSK, Russia (Reuters) – Russian aluminum giant Rusal has resumed supplies to the American market and aims to win back customers it lost due to U.S. sanctions by about September when the sector signs its supply contracts for 2020, its chief executive, Evgenii Nikitin said.

Last autumn, Rusal, the world’s largest aluminum producer outside China, missed the traditional window for contracting sales for this year as it was still negotiating with the U.S. Treasury Department to be removed from a sanctions list.

(Reporting by Anastasia Lyrchikova; writing by Polina Devitt; editing by Tom Balmforth)

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