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23 OCTOBER 2024 AL CIRCLE

Is the EU treading a perilous path with its aluminium bans on Russia, potentially triggering a chain of economic and geopolitical repercussions?

EDITED BY : PRATYUSHA CHATTERJEE 5MINS READ

Amidst the chances of importing from intensively limited sources, the European Union (EU) is reconsidering banning Russia as its aluminium supplier.

Alumex Group

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The immediate result?

Small and medium-sized business entities, which rely on close to 70 per cent of turnover and 92 per cent of employment in the European aluminium sector, dissolve within a short period; simultaneously, prices spike roof-high due to the demand-supply gap.


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EDITED BY : PRATYUSHA CHATTERJEE 5MINS READ

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