Russian metal companies to redirect to Asia if sanctions hit
Russian metal producers are looking to expand into Asian markets, in case the US and the EU impose sanctions on Russia.
The CEO of Norilsk Nickel, Vladimir Potanin said his company won’t rule out increasing supplies of nickel and palladium to China and Japan, Vedomosti reports. Other Russian metal producers such as Mechel and Metalloinvest say they could switch to Asian markets, while they didn’t specify the sales volumes.
Read more at: http://rt.com/business/russia-metal-redirect-asia-833/
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