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...
Rusal
Challenging Aluminium Market Takes Toll On Rusal’s Bottom Line In Q2
Russian Federation aluminium giant U.C. Rusal released production and financial results for the second quarter and first half of 2019 yesterday. Though production was generally level or better in both periods, a precipitous drop in global aluminium prices exacted a toll on...
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...
Rusal Makes Initial Payment On Planned Braidy Aluminium Rolling Mill
Russian Federation aluminium giant Rusal made the first in a series of payments on a US$200 million investment in Kentucky...
Events
Rusal Places Second Set Of Ruble Bonds This Year On Moscow Exchange
Russian Federation aluminium titan U.C. Rusal announced yesterday the closing of the book-building process for the second successful ruble bond placement the firm has made this year on the Moscow Exchange. The just-completed bond placement is a 10-year bond with a 3.5-year put option and has a nominal value of ₽15 billion (US$236 million). A […]
Rusal Promoted To AAA Credit Rating By Top Chinese Rating Agency
Russian Federation aluminium giant U.C. Rusal announced yesterday that its credit rating was upgraded to AAA status by a top credit rating agency in the People’s Republic of China. Per the firm, China Chengxin Securities Rating Co., Ltd. boosted Rusal’s credit rating from AA+ and assigned it a Stable outlook due to its improved financial […]
Rusal To Launch “Big Data” Aluminium Production Management Project At Several Siberian Smelters
Russian Federation aluminium giant Rusal announced plans yesterday to incorporate “Big Data” forecast analytics to potroom control systems in several of its aluminium smelters across Siberia. The firm says the ₽20 million (US$317,000) project is a step in its company-wide production efficiency improvement strategy. Rusal says the plan has twin motives – improvement of reduction […]
Trio Of Rusal Plants Win ASI Certifications
Russian Federation aluminium behemoth U.C. Rusal announced yesterday the certification of three of its most prominent sites by the Aluminium Stewardship Initiative (ASI). Per the firm, bauxite mine JSC Boksit Timana, alumina refinery RUSAL Kamensk-Uralskiy, and a branch of PJSC RUSAL Bratsk in Shelekhov, which is engaged in aluminium smelting, casthouse and alloys production, received […]
Congressional Democrats Calling For Review Of Rusal’s Participation In Proposed Kentucky Aluminium Rolling Mill
Controversy is brewing in Kentucky around Rusal’s attempt to establish the first new aluminium rolling mill in the United States in over three decades, as Democrats in the U.S. Congress say the move requires a review for national security issues. According to some congressmen, the US$200 million investment in the greenfield project by Rusal should […]
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the past few weeks after the company and its founder Liu Zhongtian were brought up on criminal charges by the United States federal ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
