SANCTIONED RUSSIA COULD DIVERT NON-FERROUS TRADES TO CHINA, BUT AGAINST AMERICAN AND EUROPEAN COMPETITION
April 14th, 2014
Russia is well placed to export more nickel, aluminium, ferro-alloys, lead ores and zinc ores to China, should the US and European Union (EU) impose sanctions because of the Ukraine crisis.With pro-Russian activists yesterday seizing another police station – in Horlivka, near Donetsk – and the Ukraine military now reacting – retaking the regional airport in Kramatorsk, tensions are rising. Should this provoke a Russian response, the likelihood of EU and US sanctions are high.In 2012, Russia exported to China USD337.57 million’s worth of Russian lead ...
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