It was reported that Rusal lost its US aluminum market due to the US sanctions.
On the other hand, under the aluminum import tariff policy in China and the UAE, Rio Tinto became the largest beneficiary of the US market.
According to the statistic from CRU, a British commodity information provider, the mining giant Rio Tinto, EGA and Alcoa accounted for 12.3%, 8.6% and 8.4% aluminum market respectively, although Rusal ranked first, accounting for 12.9%.
Subjected to the import tariff of 232 steel and aluminum from the US, in the first quarter of this year, the volume of Russian aluminum exported to the US decreased by 41.7% year-on-year.
Rio Tinto dominates US aluminum market
23 Apr 2018 13:33 reported by Tim Chen
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