Russia

Rusal Offers Japanese Aluminium Buyers Premium of US$125/mt Plus LME in Second Quarter

Rusal Offers Japanese Aluminium Buyers Premium of US$125/mt Plus LME in Second Quarter

According to sources in the Japanese market, Russian Federation aluminium major UC Rusal is of the opinion that the second quarter contract premium should be US$125 per metric ton plus London Metal Exchange cash CIF (cost, insurance, and freight) Japan. Such a...

Rusal Prices Initial Eurobond

Russian Federation aluminium titan UC Rusal announced the pricing of its first-ever Eurobond this week. The US$600 million bond has...

Events

Rusal Partners with ELKA-Cable to Build Cable Plant

Russian Federation aluminium major UC Rusal announced last week that it has entered into an agreement with fellow Russian firm ELKA-Cable to build a jointly-owned cable production facility. The firms executed a shareholder’s agreement forming a pact to build what will be known as Bogoslovsk Cable Plant, which will be situated on land occupied at […]

Rusal Beats Market Expectations with Third Quarter Numbers

Russian Federation aluminium titan UC Rusal reported third quarter numbers today. The firm boasted a significantly higher than expected twenty-two percent increase in earnings quarter-on-quarter, largely thanks to a bump in shipment and global prices and greater discipline by the company on costs. London Metal Exchange prices made a comeback during the third quarter by […]

Rusal Releases Production Totals for Third Quarter

Russian Federation aluminium giant UC Rusal announced third quarter operating results yesterday. Production of alumina remained flat, while the numbers for aluminum and bauxite were up slightly. Third-quarter aluminium production totaled 920 thousand metric tons, which is unchanged quarter-on-quarter. Smelters in Siberia accounted for 94% of the production in the quarter, and overall smelter utilization […]

Rusal Names New Export Sales Director

Russian Federation aluminium major UC Rusal announced yesterday that it has appointed Bob Katsiouleris as its new Export Sales Director. Katsiouleris is to begin in his new role on Tuesday. Katsiouleris will be in charge of carrying out the firm’s regional strategies, responding to regional sales opportunities and challenges from competing firms, and orienting sales […]

Rusal Debuts Cleaner, More Efficient Electrolysis Cell

Russian Federation aluminium major UC Rusal announced the activation of a new 550 kA electrolysis cell at at the company’s Sayanogorsk aluminium smelter in eastern Siberia. The new pot, named RA-550, is part of a US$28 million project to develop more modern and energy-efficient pots for smelting aluminium. Design began two years ago and was […]