In April 2026, South Korea’s aluminum imports from Russia surged to $136.5 million, jumping 21.5% month-on-month and hitting an all-time high since 2000. Russia overtook Australia and India to become South Korea’s top aluminum supplier. Driven by lower prices, stable supply, and Middle East shipping disruptions, Korean buyers prioritized cost over politics. The surge underscores a broader shift: Russia’s pivot to Asian markets and growing pragmatism in global trade, reshaping supply chains amid Read More