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...
Russian aluminium smelters
Russia Warns That Transitioning To Renewables Too Quickly May Spike Aluminium Prices
The Russian Federation is amenable to switching its power sources to renewables, but any such transition will be gradual so as not to spike power prices and, by extension, the industries that rely upon them heavily, including aluminium smelting. Such was the...
Improvements in Aluminium Market and Russia’s Economy to Attract Investors to Rusal: En+’s Sokov
Investors looking to participate in emerging markets without the added risk of foreign exchanges would do well to give consideration...
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...
Events
Rusal Plans to be Russia’s Sole Supplier of Aluminium By 2025
Russian Federation aluminium major Rusal has set its sights on being the sole supplier of the entirety of the country’s aluminium needs, Sales Director for Russia and CIS Roman Andryushin told Russian News Agency TASS in an interview published yesterday. Andryushin went on to say that Rusal expects domestic aluminium consumption to increase in the […]
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 […]
Global aluminium smelters’ production costs on decline
Production costs for smelters are highly dependent on the global economic environment, which affects oil prices, and the prices of other commodities, including those that create smelters’ input costs. For instance, during the global economic crisis in 2009, production costs for aluminium smelters decreased between 30 and 40% compared to the record high costs in […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
