Russia

Rusal’s Value-Added Aluminium Sales Jump By 3.9 Percent In Q3

Rusal’s Value-Added Aluminium Sales Jump By 3.9 Percent In Q3

Russian Federation aluminium titan U.C. Rusal released third quarter operating results on Friday. Despite a weak global market for aluminium, the firm reported a rise in both overall aluminium sales and value-added aluminium sales. In the just-ended quarter Rusal produced 942 thousand...

Rusal Launches Russia’s First US$750 MM Sustainability Linked Pre-Export Finance Facility

Russian Federation aluminium titan U.C. Rusal said yesterday it is preparing to enter a new five-year sustainability-linked syndicated facility worth US$750 million. It will be the first such facility ever arranged by international commercial banks in Russia. Rusal says the proceeds from the Sustainability Linked Pre-Export Finance (PXF) facility will be used to refinance outstanding […]

Rusal Places This Year’s Third Set Of Ruble Bonds

Russian aluminium titan U.C. Rusal closed the book-building process on its third placement of 10-year ruble-dominated bonds earlier this week. With a three-year put option on the Moscow Exchange and a nominal value of ₽15 billion, the bond has a record-low coupon rate of 8.25 percent. Per the firm, the placement generated interest from a […]

Rusal Reports 20.8 Percent Rise In Aluminium Sales During Second Quarter

Russian Federation aluminium titan U.C. Rusal released operating results for the second quarter of 2019 on Friday. Production of aluminium and alumina remained essentially level, with sales in the quarter increasing to catch up on a backlog of product trapped in inventory due to last year’s OFAC sanctions. In the first quarter Rusal produced 938 […]

Rusal Joint Venture Aluminium Wire Cable Factory Begins Production

Russian Federation aluminium giant U.C. Rusal announced on Thursday the commencement of production at Bogolsovsk Cable Factory (BCF), an aluminium alloy core wire production facility in which it is a partner with ELKA-Cable Group. Elements of the factory had entered production previously, including a workshop and certain supplemental machinery. Prior to the second workshop’s commissioning, […]

Global Aluminium Production Falls To 5.25 Million Metric Tons In June

Global aluminium production fell in June, as the worldwide total of smelted primary aluminium last month came to 5.25 million metric tons according to numbers released by the International Aluminum Institute on Monday. Per the Institute’s numbers, June’s production was down on the month by 180 thousand metric tons on the month and 80 thousand […]