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BIS authorizes Rusal USA to exempt 232aluminum profiles from customs duties

iconJul 24, 2018 18:05
Source:SMM

SMM7 24: according to foreign media sources, the United States Industrial and Security Agency (BIS) has authorized Rusal, the United States UC Ronnie Company issued a decision document on July 19, the aluminum section 232 exemption.

The document does not mention sanctions against Russian oligarch Oleg DeliPaska and the Ukrainian rouble.

Another group of well-known aluminum buyers and sellers (including Ball Metal Beverage Container Company) and "Constanlim UACJABS" (a joint venture between Constanlim and the three Arrowhead Aluminum Group) have also received products from import duties under Article 232, with the exception of products.

The exemption was not without warning, with Treasury Secretary (Steven Mnuchin) Nunchin saying on Friday that the Treasury was open to lifting Rusal's sanctions and that the purpose of the sanctions was not to bankrupt Rusal.

Rusal
United States
sanctions
aluminum profiles

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