Exclusive: Ten EU countries seek wider sanctions on Russian-origin metal - letter
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2024
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Should l Buy ?
Source: Reuters
Proposed Sanctions on Russian Metals: Ten EU countries, led by Poland, have proposed new sanctions targeting Russian metal exports, particularly aluminium, to reduce Russia's revenue for its war in Ukraine. The EU Commission plans to present this proposal in January.
Current Import Trends: Despite previous bans on certain Russian metal products, the EU still imports significant amounts of primary aluminium from Russia, although these imports have decreased compared to previous years.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
