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13 Apr
13:14

USM, Metalloinvest challenge US sanctions

Metalloinvest and its parent company USM Metalloinvest intend to challenge US sanctions, considering them unreasonable, the steelmaker tells Kallanish. On Wednesday, both companies were added to the US Treasury Department Office of Foreign Assets Control (OFAC)’s Specially Designated Nationals And Blocked Persons List (SDN), effective 12 April (see Kallanish passim). Metalloinvest’s majority owner Alisher Usmanov was already sanctioned by the US …
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