Russian Government Searching for Ways to Help Embattled Aluminium Industry: Deputy PM Kozak
The Russian Federation government is in the process of finding new and effective ways of boosting its country’s native aluminium...
The Russian Federation government is in the process of finding new and effective ways of boosting its country’s native aluminium...
Even if the London Metal Exchange (LME) three-month aluminium price hit a seven-year high of US$ 2718 per tonne on...
Russian Federation automotive manufacturer AvtoVAZ said late last week that, though it is remaining a customer with sanction-crippled Rusal, it...
In a move aimed at encouraging the Trump administration to ease sanctions on the firm, Russian businessman Oleg Deripaska has stepped down from his position at the helm of U.C. Rusal. The Russian aluminium giant submitted notice of the same to the Hong Kong Exchange yesterday, noting that Deripaska’s resignation took effect the same day. […]
The sanctions levied against U.C. Rusal by the United States Treasury Department last month are starting to hit home with the rank-and-file workers at the company’s several plants around the world. According to sources who spoke with Bloomberg, Rusal has been unable to pay full compensation to certain workers outside of Russia partially due to […]
A rise in alumina prices over the past several months thanks to United States sanctions of Rusal and outages at Alunorte has prompted Aluminum Corp of China Ltd (Chalco) to take the unusual step of selling the aluminium precursor to buyers abroad. “We ourselves have 30,000-50,000 tonnes (of alumina exports this month),” revealed Chalco’s president […]
The tariffs and sanctions issued upon the aluminium industry by the Trump administration has caused more discord and upheaval than the sector has experienced in almost three decades. Such is the opinion of the head of one of America’s biggest rolled aluminium suppliers. Marco Palmieri, Novelis North America’s president, told the Financial Times in an […]
Russian Federation aluminium smelter U.C. Rusal released first-quarter results late last week, showing solid growth in the period immediately prior to the Trump administration sanctions that hobbled the firm just days after the quarter’s close. Rusal showed revenue of US$2.744 billion in the quarter, a 19.5-percent improvement over last year’s opening quarter, but essentially level […]
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
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