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-0.00094858660595707 -0.00265604249667996 -0.00151773856953137 -0.00385695313982164 -0.012521343198634 -0.0146082337317396 -0.0197306014039082 -0.0228609372035667
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U.S. extends deadline for Rusal sanctions, aluminum prices dive 12:01pm EDT [Reuters]

ALCOA (AA)  More Company Research Source: Reuters
Last alcoa earnings: 10/17 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
PDF U.S. extends deadline for Rusal sanctions, aluminum prices dive | Reuters 4 Min Read WASHINGTON/MOSCOW (Reuters) - The U.S. government on Monday gave American customers of Russia’s biggest aluminum producer more time to comply with sanctions, sending aluminum prices into a tailspin but lifting shares of the company, United Company Rusal Plc. Aluminum prices on the London Metal Exchange tumbled more than 8 percent after the U.S. Treasury Department announcement, which gives Rusal longer to sell off the large quantities of aluminum it had been stockpiling in the wake of sanctions as customers and traders avoided its product. Shares in Rusal, one of the world’s largest aluminum companies, rose 13 percent on the Moscow Exchange after the announcement. Earlier, Rusal had ended Hong Kong trading down 8.4 percent. Shares of its U.S. rival Alcoa Corp slid 13 percent in morning trading. Rusal and its major shareholder, Russian tycoon Oleg Deripaska, were sanctioned by Washington in response to [Read more]

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