RusHydro

Challenging Aluminium Market Takes Toll On Rusal’s Bottom Line In Q2

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 to Keep Once-Doomed Plants Open if Current Market Holds: CEO Soloviev

Russian aluminium giant UC Rusal is not planning to close two of its plants thanks to the recent rebound in the metal’s prices, according to remarks made by CEO Vladislav Soloviev to Russian News Agency TASS. However, Soloviev did not rule out the possibility of closing plants in the event that the price falls below […]