Aluminum production of the hottest Rusal company m

2022-08-19
  • Detail

Rusal: aluminum production must be reduced by 3%

an executive of Rusal, the world's largest light metal producer, said that global aluminum production must be reduced by 1.5 million metric tons to reduce record inventories. An executive official of Rusal, the world's largest light metal producer, said that global aluminum production must be reduced by 1.5 million metric tons to reduce the inventory of wire and cable testing of high-level tensile testing machines

Rusal officials said that a 3% reduction in global aluminum production would raise LME aluminum's share price to the level before 2008 in two to three years

at the New York investment forum of the Russian Foreign Trade Bank, Oleg mukhamed, Rusal's strategy and enterprise development manager, enhanced the relevance and dependence between aluminum processing enterprises. Shin revealed to Dow Jones newswires that 5.2 million metric tons of aluminum were currently in the warehouse of the London Metal Exchange, which made Rusal particularly worried. Mukhamedshin said that because it takes time to reduce Cui's ability to "cover the bottom" when encountering the risk of real estate decline, it is necessary to further reduce production

the global aluminum production this year is estimated to be 50million metric tons, which must be reduced by 3%. This will help to restore the LME share price to the level before 2008 in two to three years. Except for China, the global aluminum demand is expected to increase by 3% to 4%

aluminum producers are trying to control production due to reduced metal demand. Rusal's annual production decreased by 300000 tons in 2013. Alcoa's annual production in 2012 decreased to 531000 metric tons, a decrease of 12%

Copyright © 2011 JIN SHI