Industry News

Russia plans to increase annual aluminum consumption to 1.5 million tons by 2030

Views : 104
Update time : 2024-01-29 16:10:21
Recently, the Russian Aluminum Industry Association held a symposium. The meeting stated that the Russian aluminum industry has continued to develop rapidly in the past eight years.

Since 2013, Russia’s share of primary aluminum supplied to the domestic market has increased from 17% to 30%, thanks to the Aluminum Association’s plans to develop demand for high-value aluminum products jointly with partners. The output of aluminum products increased by 46%, and the export volume of aluminum semi-finished products increased by 60%.

According to the strategic goals of the Aluminum Association, aluminum consumption in the domestic market will reach 1.5 million tons by 2030 and 2.2 million tons by 2033.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices