Krasnoyarsk

Final Month Of U.S. Sanctions Weigh Down Rusal’s Q1 Results

Final Month Of U.S. Sanctions Weigh Down Rusal’s Q1 Results

Russian Federation aluminium giant U.C. Rusal reported first-quarter financial and production results yesterday. Though production and sales remained relatively steady in the quarter, financial numbers struggled due to a drop in prices at the LME and the tail end of sanctions placed...

Events

Improved Demand and Better Cost Controls Boost Rusal’s Second Quarter Numbers

Russian aluminium major UC Rusal released second quarter 2016 results on August 25. Numbers for the just-ended quarter show a ten-percent jump in profits thanks in part to global increased demand for aluminium. The firm reported an adjusted EBITDA of US$344 million for the quarter, a 10.3% increase over Q1. Recurring net profit increased to […]