Is the EU treading a perilous path with its aluminium bans on Russia, potentially triggering a chain of economic and geopolitical repercussions?
Amidst the chances of importing from intensively limited sources, the European Union (EU) is reconsidering banning Russia as its aluminium supplier.
The immediate result?
Small and medium-sized business entities, which rely on close to 70 per cent of turnover and 92 per cent of employment in the European aluminium sector, dissolve within a short period; simultaneously, prices spike roof-high due to the demand-supply gap.
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