The Impact of Anti-Russian Sanctions on International Aluminum Trade

Abstract

Sanctions in the modern world have become a key tool to pressure the economies of countries. Russia, as the country against which this pressure tool is most often used, is of interest for researching the aluminum market, one of the most important for the economy of most countries. Considering such key aspects as trade relations, the main partners and competitors of the Russian Federation, as well as countries for which Russian aluminum plays a strategic role in the economy, it is possible to record the main changes in the metal market, which is vital both for the military and civilian industries, and is rather indispensable during the global restructuring. The analysis of Russia’s role in the aluminum market in this context allows us to understand how geopolitical, economic and diplomatic factors affect the industry.