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RUSAL PLANS TO REROUTE ALUMINIUM FROM CHINA TO JAPAN AS IRAN CONFLICT RESHAPES TRADE

  • NEWS Desk Global
  • 5 days ago
  • 1 min read

Russia's Rusal plans to reroute some of its ​aluminium away from China to Japan and other Asian markets, two sources with direct knowledge of the matter said, as ‌the Iran war reshapes global trade flows and sends premiums soaring.

The Middle East produced nearly 7 million metric tons of primary aluminium last year, or 9% of global supply, according to Trade Data Monitor. Japan relied on the region for 27% of its 2.1 million tons of imports with the biggest share - 400,000 tons - coming from the ​UAE. It also imported 143,000 tons from China but only 68,000 tons from Russia.




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