Following the US sanctions, as early as in June Rusal could decrease the number of its employees at Bratsk and Irkutsk Aluminum Works by 10-15%.
This will happen if the company fails to sell in China all the aluminum previously exported to other destinations.
The main sales markets for Rusal are EU (45%), while US, Asia and the domestic market account for 18% each.
“So far there have been no problems with paying salary. But, perhaps, they should be expected in the future. Up till June everything should be normal, but after that we are awaiting some reduction of personnel”, a source said. (Ukrainian metal)