According to the latest report on Monday, February 26, the United States declared sanctions on more than 500 people and entities in Russia and eliminated base metals, including aluminium and nickel.
In early February, there was speculation that the United States might impose a fresh wave of sanctions on Russian aluminium and nickel, following which the prices of the two metals rose, assuming limited supply would occur in the wake of sanctions.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
