RUSAL announced that its aluminum production in the fourth quarter of 2017 totaled around 943,000 tons, increased by 1.4% quarter on quarter. The sales of aluminum increased by 3.3% quarter on quarter to 1 million tons.
In 2017, the production of aluminum amounted to around 3.7 million tons, increased by 0.6% from a year earlier; the sales volume increased by 3.6% from a year earlier to around 3.96 million tons. The large increase was mainly attributed to the 91.3% increase in sales of aluminum products from third-party to 169,000 tons.
The average realized price of aluminum increased by 21.5% year on year to US$2,105/MT during the period as driven by the positive trend from quotations on the London Metal Exchange (rose by 23.5% year on year to US$1,942/ton). The average realized premium price increased by 2.3% to US$163/ton from the previous year.
RUSAL's aluminum sales rise by 3.3% m-o-m in Q4
7 Feb 2018 16:08 reported by Cherry Shen
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