An industry group expects the sector to be hit by a drop in prices, sanctions and Western import duties Russia’s Aluminium Association has issued a grim warning for the industry as it faces Western sanctions, tariffs and a drop in prices for one of the world’s most widely used metals. In its latest overview of the current state of the industry, the association has warned that the entire sector is on the verge of a serious crisis, adding that several enterprises of Russian aluminum giant Rusal are at risk of closure. “A number of Rusal enterprises are already operating on the verge of zero or even negative profitab
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