Societe Generale

Rusal Inks US$1.085 Billion Sustainability-Linked Pre-Export Finance Facility

Rusal Inks US$1.085 Billion Sustainability-Linked Pre-Export Finance Facility

Russian Federation aluminium giant U.C. Rusal announced yesterday the signing of a five-year, US$1.085-billion sustainability-linked pre-export finance facility, the first of its kind ever arranged by domestic and international banks in Russia. Per the firm, the facility grew from the originally-announced amount...

Events

EGA Mulling Debt Refinance

UAE aluminium smelter Emirates Global Aluminium PJSC (EGA) is planning to refinance up to US$6.7 billion of its outstanding debt according to sources who spoke to industry media earlier this week. According to sources, the new deal will include refinancing some portion of the US$4.9-billion loan entered into by EGA in the spring of 2016 […]

Aluminium Rides Crest of Industrial Metals Wave to New High

A weaker dollar helped propel aluminium to peak above its 50-day and 100-day moving averages on Wednesday, gaining 1.8 percent and closing the day at US$2,177.50 per metric ton. Softness in the greenback motivated increased investments in metals across the board, as investors sought to protect against value erosion explained Societe Generale analyst Robin Bhar. […]

Experts See Increasing In-Roads in Western Aluminium Industry by Chinese Firms

Industry analysts see an expansion of aluminium firms from the People’s Republic of China into the worldwide automotive and aerospace markets. Such a move may set off a frenzied buying spree of Western metals companies by Chinese firms, they predict. According to experts, Chinese firms are moving into the more lucrative areas of the aluminium […]