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...
u c rusal
Rusal Places This Year’s Third Set Of Ruble Bonds
Russian aluminium titan U.C. Rusal closed the book-building process on its third placement of 10-year ruble-dominated bonds earlier this week. With a three-year put option on the Moscow Exchange and a nominal value of ₽15 billion, the bond has a record-low coupon...
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 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...
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 […]
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 […]
Final Month Of U.S. Sanctions Weigh Down Rusal’s Q1 Results
Russian Federation aluminium giant U.C. Rusal reported first-quarter financial and production results yesterday. Though production and sales remained relatively steady in the quarter, financial numbers struggled due to a drop in prices at the LME and the tail end of sanctions placed upon it by the United States government. In the first quarter Rusal smelted […]
Rusal And Braidy Industries Announce Deal To Build Automotive Aluminium Plant In Kentucky
With the weight of sanctions finally lifted from its shoulders, Russian Federation aluminium giant U.C. Rusal announced earlier today a joint venture with Braidy Industries to construct and operate a flat-rolled aluminium rolling plant in Ashland, Kentucky. Per Rusal, the mill will have a nameplate capacity of 800 thousand metric tons per annum, with 500 […]
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 ...
