LONDON – Commodity trader Glencore is set to buy aluminum from Rusal next year under its contract with the Russian producer, and so far only about 10% of its current customer base is looking elsewhere, two people with direct knowledge of the matter said.
Calls by US aluminum producer Alcoa and Norway’s Norsk Hydro to ban Rusal’s aluminum from the London Metal Exchange (LME) system led the market to expect many to avoid Rusal’s metal next year after the 2022 contracts would…
