The Ukrainian Metal

Russia: Rusal revenue up in Q1 2018

In January-March Rusal revenue totaled $2.744 million, up by 19.5% YoY.

The revenue grew following the increase of aluminum prices at the LME by 16.7%, to $2.159 thousand per ton from $1.85 thousand per ton.

As the result the adjusted EBITDA increased by 20.4%, to $572 million from $475 million.

Aluminum output in January-March dropped by 1.5% QoQ, to 931 thousand tons. (Ukrainian metal)

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