Russia: aluminum exports up in January 2017

In January Russia exported 237.3 thousand tons of aluminum, up by 1.1% YoY. According to the Federal Customs Service, raw aluminum exports to far foreign countries remained unchanged – 230.8 thousand tons, while that to CIS grew by 75.7%, to 6.5 thousand tons. In monetary terms raw aluminum exports increased by 25.5% YoY, to $388.6…

Russia: VgAZ-SUAL to start operating in 2017

The resumption of primary aluminum production as well as the creation of a new anode factory at the VgAZ-SUAL works will give the Volgograd region some 2.5 thousand jobs. RusHydro confirmed its readiness to discuss electricity supply to the Volgograd Aluminum Works. It was the high cost of electricity that halted the electrolysis manufacture at…

Russia: Sberbank selling Aluminum Works

The Siberian bank of Sberbank has put on sale at Avito.ru the Aluminum Castings Works in Barnaul, Altai region. The bank is selling 4 manufacturing premises, roads and railroads. Three shops are leased. There is also electricity enough for a large industrial enterprise, gas, water and heating. The size of the works is 40.657 thousand…

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…