https://www.miningweekly.com
Aluminium|Industrial|Mining|Products
Aluminium|Industrial|Mining|Products
aluminium|industrial|mining|products

US announces tariffs on Russian metals, including aluminium

24th February 2023

By: Bloomberg

  

Font size: - +

The US announced new action against Russia’s metals and mining sector that include measures it said will significantly increase the cost of importing aluminum smelted or cast in Russia.

The White House will raise tariffs on more than 100 Russian metals, minerals and chemical products worth $2.8-billion to Russia, it said Friday in a statement announcing a fresh round of measures to mark the one-year anniversary of Russia’s invasion of Ukraine.

The measures will “significantly increase costs for aluminum that was smelted or cast in Russia to enter the US market,” it said, without immediately giving further details. Bloomberg previously reported that the US was preparing to impose a 200% import tariff on Russian aluminum.

While the US and Europe have imposed sweeping sanctions on Russia in response to the invasion of Ukraine, industrial metals like aluminum have largely avoided blanket restrictions. The White House said Friday it was “expanding its sanctions authorities to Russia’s metals and mining sector,” but that the move would be tailored to minimize market disruption.

Edited by Bloomberg

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024
3rd May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.178 0.212s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: