Rusal decides to quicken the reduction of aluminum production
Edited by Rhod Mackenzie / 2013-05-17 11:38:12
Rusal can hasten the decline in capacities on the background of the slump in aluminium prices. If the prices of metal are within their post-crisis values this must be done, the top manager of the company said.
Aluminium industry has excessive amount of facilities. The expenditures are growing and the prices are falling. As assessed by Rusal, the fifth part of the world production beyond China is unprofitable even taking into account the expected growth of demand by 6-7% in 2013.
