Industry News

Finland doubles aluminum export value to Russia in Q1-Q3

Views : 71
Update time : 2024-11-29 18:37:02
In the first three quarters of this year, Finland's aluminum export value to Russia increased to EUR 22.3 million, doubling year on year (EUR 11.3 million in the same period last year).

The main growth came from exports of aluminum spikes for car wheels, which are exempt from sanctions and produced by Turvanasta, a Finnish aluminum spike producer.

Although the Ministry of Foreign Affairs stated that it would not interfere with non-sanctioned goods, the potential military use of aluminum spikes has raised concerns.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices