Aluminium price is rocketing up
The release of President Trump's latest sanction list imposed against Russian companies, has caused, among other things, considerable fuss in the aluminium market. This list includes the names of well-known individuals such as Viktor Vekselberg, a prominent Russian oligarch who is also involved in aluminium, but particularly the name of Oleg Děripaska, the main shareholder of RUSAL company. RUSAL is a very important producer of primary aluminium, which supplies about 6% of global consumption. RUSAL is also considered as the 2nd largest exporter to the US.