United Company RUSAL (RUSAL), a leading aluminum producer in the world, reported its aluminum production of 940,000 tons in the first quarter of this year, dropping by 0.9% compared to the previous quarter, of which Siberian smelters accounted for 93% of total aluminum output.
During the same period, RUSAL’s aluminum sales volume was 914,000 tons, down by 17.4% quarter on quarter; the sales volume of value-added products was around 420,000 tons, a quarter-on-quarter decrease of 4.7%.
There were basically no changes in the sales area in the first quarter compared with last quarter. The European market share was the highest at 55%, Asia’s share was up to 15%, but the sales share in Russia and the Commonwealth of Independent States (CIS) countries slid slightly to 22%.
RUSAL's aluminum output drops in Q1 q-o-q
28 Apr 2020 11:50 reported by Joy Liu
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