In September the Aluminum Works in the city of Volgograd will resume primary aluminum manufacture, suspended 5 years ago. Autumn will also see the commissioning of the baked anode factory. The cost of each project is some 8 billion rubles. The electrolysis manufacture at the works was suspended in August 2013 by Rusal because of…
Russia’s aluminum exports almost tripled MoM, to 420,100 tons in May, the Federal Customs Service said. In monetary terms, aluminum exports grew 2.55-fold, to $751.6 million. In January-May the exports rose by 22.8%, to 1.337 million tons in volume terms and by 44.1%, to $2.482 billion in monetary terms. Copper exports grew by 25.9%, to…
The projects to stimulate aluminum processing in regions are an important condition to develop economy of the Russian Federation. According to the governor of the Republic of Chuvashiya Mikhail Ignatiev, the region is open for investors and innovation projects. “We have to support and develop aluminum-based products manufacture, as they can be exported and support…
In April Russia exported 172 thousand tons of raw aluminum, down by 43% MoM and by 19% YoY. According to the customs statistics, in January-April raw aluminum exports reached 1.01 million tons valued at $1952 million, up by 9.6% and by 31.5% YoY respectively. In April the average price was $1894.6 per ton FOB, down…
The Ministry of industry and trade is constantly monitoring the situation with Rusal and in the cities of its presence. At present “there is no danger”. The minister Denis Manturov believes that the creation of processing enterprises inside the country will be the best way to help both the industry and the company. “All the…
The current capacities of the domestic manufacturers of extrusion packing are able to cover the whole demand on the local market, which will greatly increase aluminum consumption. At present the consumption of aluminum cylinders, bottles and pipes is growing. Russian aluminum packaging is successfully used by cosmetics, pharmacological and food companies not only of Russia,…
Even though aluminum consumption per capita is lower in Russia, than in EU, in 2017 Russia claimed the first place in aluminum consumption growth (by 10%) as a whole and primary aluminum (by 11%) in particular. The main drivers of consumption growth are construction, car manufacture, and machine-building. Combined they will soon account for 80%…
In January-March Russia exported 931.9 thousand tons of aluminum valued at $1.827 billion, up by 8.5% and by 27% YoY respectively. According to the Federal Customs Service, nickel exports dropped by 11%, to 33.7 thousand tons, valued at $444.2 million, up by 20%. Copper exports reached 175.9 thousand tons valued at $1.2 billion, up by…
