Rusal continues to rise by more than 11%. It is now reported that the Biden administration has postponed direct sanctions against Rusal.

Published: Mar 7, 2022 15:31

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[Rusal continues to rise more than 11% and now Sanlianyang news that the Biden government has postponed direct sanctions on Rusal] Rusal opened nearly 4% higher in early trading today, and then its share price soared more than 13%. Now it is Sanlianyang. As of 03:30 on March 7, it had risen by more than 34%. On Tuesday, Alcoa CEO told investors that it was evaluating how to handle aluminum sales to Russian companies. Russia is one of the world's largest suppliers of aluminum, and so far, US sanctions have not targeted Rusal. According to people familiar with the matter, the Biden government is currently postponing direct sanctions against Rusal because it could disrupt

Rusal opened nearly 4 per cent higher in morning trading, followed by a sharp rise of more than 13 per cent and is now Sanlianyang. As of 03:30 on March 7, it had risen by more than 34%.

On Tuesday, Alcoa CEO told investors that it was evaluating how to handle aluminum sales to Russian companies. Russia is one of the world's largest suppliers of aluminum, and so far, US sanctions have not targeted Rusal. The Biden government is postponing direct sanctions against Rusal because it could disrupt already scarce global aluminium supplies, according to people familiar with the matter.

Rusal rising sharply Sanlianyang postponing sanctions the United States

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