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Rusal flares its tail feathers in aluminium ‘mating season’

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Rusal is hoping to win back clients lost a year ago, when US sanctions hit the company’s bottom line and roiled world aluminium markets

A worker operates a mixer of fused aluminium at the foundry shop of the Rusal Sayanogorsk aluminium smelter outside the town of Sayanogorsk in Russia. Picture: REUTERS

Washington lifted the sanctions on Rusal in late January after intense negotiations and a series of organisational changes, though restrictions on its founder Oleg Deripaska remain. Producers have been under pressure to cut prices in their 2020 contracts due to weak market conditions, sources in the sector told Reuters in October.

 

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