Russia

Rusal Asks Japanese Buyers for Continuation of Q2 Aluminium Premium

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...

Events

Recovered Aluminium Prices, Internal Cost Measures Buoy Rusal’s Q1 Results

Russian Federation aluminium titan UC Rusal released first-quarter results on Friday. Though production numbers remained approximately level, the recovery in the aluminium market coupled with internal cost consciousness contributed to solid gains on the firm’s financial bottom line. Rusal turned in US$2,297 million in revenue during the quarter, up 20% from US$1,194 million in the […]

Rusal Inaugurates New Digestion Train at Urals Aluminium Smelter

Russian Federation aluminium juggernaut U.C. Rusal announced that its Urals Aluminium Smelter (UAZ) will boost its annual production to 900 thousand metric tons by the installation of a new digestion train. The project, which is anticipated to cost RUB1.1 billion (USD19.3 million), will add almost seven dozen new digestion units. Upon completion, the new train […]

Rusal Premieres US$500 MM Second Flight of Eurobonds

Russian Federation aluminium leviathan U. C. Rusal announced the terms of its second Eurobond issue yesterday. According to the press release, the second tranche will total US$500 million and mature in six years. The coupon rate of the tranche is 5.3% per year, with proceeds to be used for refinancing Rusal’s existing debt, bettering the […]

Rusal’s Q1 Production Numbers Follow Previous Quarter’s Lead

Russian Federation aluminium titan U.C. Rusal released operating results for the first quarter of 2017 earlier today. Aluminium and bauxite production numbers were down slightly in the quarter, while bauxite production showed a marginal increase. Rusal’s smelters ran at a 95% utilization rate and turned out 910 thousand metric tons of primary aluminium in the […]