Industry News

RUSAL: Aluminum demand in Europe & US improves

Views : 439
Update time : 2020-07-30 16:52:22
Roman Andryushin, the Director of Sales and Marketing of United Company RUSAL (RUSAL), the second-largest aluminum producer in the world, said that the downturn in the aluminum market might have passed as the demand in Europe and the US is improving.

He was positive and optimistic about the overall aluminum market. There might be a production surplus of 2.5 million tons in the aluminum market this year, but the figure was lower than his forecast at 3 million tons in June.
Related News
Read More >>
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
Feb .25.2025
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
EU expands sanctions on Russian aluminium: industry calls for closing loopholes EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Feb .25.2025
EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
Feb .25.2025
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
Alba announces Ma’aden as a major shareholder Alba announces Ma’aden as a major shareholder
Feb .25.2025
Alba announces Ma’aden as a major shareholder