Russia: Trade Ministry to create aluminum cartel

Russia suggests creating an OPEK-like international organization in the aluminum industry. “This is just a suggestion. But we would like this organization to function with direct government participation and state representatives. For the first stage even an association will be enough. The main thing is that all the countries, which are major manufacturers and exporters…

Russia: aluminum output up in January 2017

In January primary aluminum output decreased by 2.3% YoY, that of aluminum alloys – went up by 8.9%. According to the Federal Service of State Statistics, aluminum powder and flakes production increased by 20.2%, that of rolled wire, rods and sections – by 25.1%, plates, sheets, strips and bars – by 33.4%, and foil –…

Russia: aluminum exports almost flat on 2016

In 2016 Russia exported 3.481 million tons of raw aluminum, up by 0.6% YoY. According to the Federal Customs Service, exports to far foreign countries increased by 0.2% YoY, to 3.414 million tons, to CIS-countries – by 38.2%, to 67 thousand tons. Aluminum exports revenue totaled $4.988 billion, down by 17.9% YoY, including $4.875 billion…