EU business groups oppose sanctions on Russian aluminum – Reuters ...News

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An embargo would likely disrupt industry and lead to massive company closures, the organizations say Five industry associations have called on the EU to prevent a possible ban on Russian aluminum, which they say could decimate industry across the bloc, Reuters reported on Monday, citing a statement by the groups. The Federation of Aluminum Consumers in Europe, the German Federal Association for Economic Development and Foreign Trade, the Italian Foundry Suppliers’ Association, the Italian National Association of Steels, Metals, Scrap, Hardware, and the Italian Foundry Association have said in a statement that sanc

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