UC Rusal: structural overproduction is for long
Edited by Rhod Mackenzie / 2016-02-19 12:57:15
President of the largest Russian aluminum company UC Rusal Oleg Deripaska has stated that we shouldn’t expect for high commodity prices, and structural overproduction will last for long. He said this at the plenary session of the Krasnoyarsk Economic Forum.
"In my opinion, we can’t pray or expect something, looking at these quotes. The situation won’t be better, we need to understand that the structural overproduction will last for long time," - said Deripaska.