The Russian government has allocated up to 10 billion rubles for the Federal Agency for State Reserves to buy up to 50,000 tons of aluminum for the state reserve, according to a ruling published on November 28 on the government’s website for disclosure of legal information. The U.S. imposed 25% import duties on steel and…
In September Russia exported 200 thousand tons of aluminum, down by 8.1% YoY. According to the customs statistics, the revenue dropped by 13.6%, to $315 million. The average price was $1582 per ton, down by 6% YoY and the lowest price since March 2017. In January-September Russia exported 2.32 million tons of aluminum valued at…
By 2025 the aluminum market of Russia will have reached 2.8 million tons. According to Valentin Trischenko, the chairman of the Aluminum Association, the main component of the development is the transition from the raw materials exports to deep processing. To reach this goal, it is necessary to increase import-replacing products manufacture, expand the usage…
The Ministry of industry and trade intends to link the state support to agriculture machine-building to the use of Russian aluminum from 2020. The ministry has prepared and published amendments to the rules of budget subsidizing of deals with agricultural machines. Now, in order to receive the state support, the manufacturers have to provide a…
In August Russia exported 423.3 thousand tons of raw aluminum, up by 42.15% YoY. In January-August, according to the customs statistics, the exports totaled 2.15 million tons valued at $3910 million, up by 12.2% and by 25.2% YoY respectively. In August the average prices was $1809 per ton, up by 8.2% MoM. (Ukrainian metal)
Azerbaijan Industrial Corporation (AIC) OJSC is preparing a strategy to expand aluminum production, the general director of the AIC Kamran Nabizade declared. “Presently, the Ganja aluminum plant, which is on our balance sheet, produces 50,000-55,000 tons of aluminum products annually, mainly aluminum ingots and sheets. A new strategy is being prepared to increase the range…
In January-August Russia exported 2.12 million tons of aluminum and alloys, up by 14.8% YoY. According to the Federal Customs Service, in summer the exports were steadily growing: in June Russia exported 240 thousand tons of aluminum, in July – 300 thousand tons, up by 2.8% MoM, and in August – 423.3 thousand tons, up…
Russia’s Industry and Trade Ministry is ready to discuss preferences for the sales of beer in aluminum cans to support deep aluminum recycling, Minister Denis Manturov said. On October 1 Kommersant business daily reported that the Industry and Trade Ministry had prepared a bill to lift a 2013 ban on the sales of beer and…