Russia

Global Aluminium Recovery Helps Buoy Rusal’s Second Quarter Numbers

Global Aluminium Recovery Helps Buoy Rusal’s Second Quarter Numbers

Russian Federation aluminium titan U.C. Rusal released financial and production results for the second quarter of 2017 on Friday. A recovery in the global aluminium market coupled with cost-cutting and efficiency measures undertaken by the firm helped solidify the quarter’s bottom line....

Events

Increased Alumina and Bauxite Production Strengthens Rusal’s Q2 Results

Russian Federation aluminium titan UC Rusal released operating results for the second quarter earlier today. The firm posted steady gains over the previous quarter across the board in both production and sales. Aluminium production in the quarter totaled 921 thousand metric tons, a 1.2-percent increase quarter-on-quarter, with a utilization rate that remained steady at 95 […]

Russian Scientists Develop Porous, Floating Aluminium Alloy

Researchers in Russia have announced the development of an unsinkable aluminium alloy by making the substance porus. St. Petersburg’s Peter the Great St. Petersburg Polytechnic University’s (SPbPU) Laboratory of Light Materials and Structures developed the breakthrough material by introducing gas into the process of remelting while the aluminium alloy was in its liquid state. In […]

Lightweight Aluminium-Alloy Bridge Completed in Eastern Russia

UC Rusal and the Russian Aluminium Association announced yesterday the completion of the country’s second footbridge constructed with aluminium alloys. The bridge, which is located in eastern Russia’s Nizhny Novgorod Oblast, was constructed alongside a similar bridge that was completed last month. Both bridges are 125 feet long and 21 feet wide, and each bridge […]

Global Aluminium Deficit to Rise to 1.8 MMT in 2018: Rusal’s Mukhamedshin

The second-largest aluminium producer on Earth expects a global aluminium deficit as large as 1.8 million metric tons next year, with the widening divergence between supply and demand due to a drop in output from the People’s Republic of China. UC Rusal’s Deputy Chief Executive Oleg Mukhamedshin predicted the rise from this year’s 1.3 million […]

Rusal Asks Japanese Buyers for Continuation of Q2 Aluminium Premium

According to Japanese aluminium buyers who spoke to industry media on Friday, UC Rusal requested of them a rollover of prices offered in the current quarter into this year’s Q3. S&P Global Platts said in an article yesterday that several Japanese buyers received an email from late Thursday requesting the move, retaining the current terms […]