Trade Trade

Comment: Sanctions on Russian billionaire, steel giant add pressure on struggling Russian market

By Samuel Rubenfeld
  • 03 Aug 2022 21:21
  • 03 Aug 2022 21:21
The latest US sanctions on a Russian billionaire and his steel firm deepened existing pressure on the company and the country’s market in the key commodity.
Viktor Rashnikov is the majority owner and chairman of Publichnoe Aktsionernoe Obschestvo Magnitogorskiy Metallurgicheskiy Kombinat (MMK), which is one of the world’s largest steel

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Samuel Rubenfeld

Reporter


Samuel Rubenfeld is a reporter covering cases of bribery and corruption and some international trade issues. Prior to joining MLex, he was editor of the Kharon Brief, a news and data analysis platform focused on global security issues, including sanctions and export controls. Earlier in his career, Rubenfeld spent about a decade at The Wall Street Journal, including nearly nine years as a reporter covering corporate risk and compliance concerns such as bribery, money laundering, sanctions, terrorist financing and whistleblowers.

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