Aluminum prices see immediate effect following Russian sanctions

摘要

LME aluminum futures pricesand US premiums spiked April 6 as a shockwent through the aluminum market on newsthat the US has imposed sanctions affectingRussian aluminum producer Rusal.The Platts Transaction premium rosetwo cents to 21 cents/lb, and offers for 6063billet were also heard 1-2 cents higher.