An embargo on Russia's Norilsk Nickel would hurt West - French rival


  • World
  • Wednesday, 30 Jul 2014

PARIS (Reuters) - An embargo against Norilsk Nickel as part of Western sanctions against Russia would hurt nickel users in Europe and the United States rather than Norilsk itself, the head of French mining group Eramet said.

Norilsk, the world's largest producer of the stainless steel ingredient, has not been targeted so far by western measures aimed at punishing Russia for its support of pro-Moscow rebels in neighbouring Ukraine.

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