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ECONOMICS AND FINANCE

your next flight just got heavier. no russian titanium for boeing

12/21/2017

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When the US legislature was weighing sanctions to impose on Russia, they were worried that Russia could hit back by banning titanium exports to the US, a vital product for Boeing. But during those discussions it was mentioned that the next contract for the titanium was already signed and nothing could be done about its implementation.

But for every tit there is a tat.

What they forgot was that the Russian Duma can do whatever it darn well pleases. The article as translated below doesn’t tell us whether the new bill calls for this titanium contract to abrogated, but theoretically, that could now happen.

Further, the article hints that other aerospace cooperation with Russia could be affected. Without those Russian missile engines, the US could be in a bit of a bind. US communications companies are relying on those engines to launch their satellites.

Both sides are playing Russian roulette, no pun intended.

NSS
 
NSS translation from 24molnia.com:

Package of Russian counter-sanctions to the US will be one of the harshest

Russia has decided on a response to the next package of US sanctions. This time, according to experts, Moscow’s response to Washington will be the most painful one. The Federation Council has already supported the corresponding bill of the State Duma. "A Russian responses to unfriendly US actions should be systemic in nature, and the draft law implies just such a system," Andrei Klimov, deputy chairman of the Federation Council's international affairs committee, told reporters. He said the following about the areas that Russian counter-forces will touch upon.
​
According to Klimov, it is about imposing restrictions on cooperation between Russia and the United States in the export of titanium and space activities. Planned restrictions on shipments in the US components for Boeing airliners. We are talking about the supply of titanium, which deals with the Russian "VSMPO-Avisma." According to various experts, American aircraft construction depends on the export of titanium from Russia by 40-60% of the total.
 
 

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