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Kremlin cautious about possible easing of U.S. curbs on Rusal

Published 04/24/2018, 05:35 AM
Updated 04/24/2018, 05:40 AM
© Reuters. FILE PHOTO: Aluminium ingots are seen stored at foundry shop of Rusal Krasnoyarsk aluminium smelter in Krasnoyarsk
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MOSCOW (Reuters) - Moscow is "cautious" about the possibility of Washington easing its sanctions on Russia's biggest aluminum producer Rusal (HK:0486), Kremlin spokesman Dmitry Peskov said on Tuesday.

The United States on Monday gave Rusal's American customers more time to comply with sanctions.

© Reuters. FILE PHOTO: Aluminium ingots are seen stored at foundry shop of Rusal Krasnoyarsk aluminium smelter in Krasnoyarsk

"In this case I would be rather cautious, as these statements are so hypothetical. It is clear that the decisions that have been taken are a painful blow to aluminum buyers on many continents, and naturally buyers are asking themselves why they have to bear the burden," Peskov said.

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