UK plans to ban importing Russian aluminum & other commodities
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Update time : 2023-05-22 17:24:51
According to the report, the UK plans to impose extreme restrictions upon aluminum and other commodities.
British Prime Minister said that it would legislate later this year to ban imports of Russian diamonds and end all imports of Russian-origin copper, aluminum, and nickel.
However, the ban is expected to have a mild impact. Since the war, Russian exports of aluminum and other commodities to the UK have dropped as the tariffs came into effect. Last March, the UK decides to impose 35% of additional duties on Russian aluminum, aluminum alloy, copper, and lead.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
