Monday, August 27, 2012

RUSAL cuts capacity on weak demand



Published on Aug 27, 2012 by
http://www.euronews.com/ RUSAL, the world's largest aluminium producer, has said it will cut its capacity by three to four percent by the end of the year.

That after the Russian group announced a 71.5 percent drop in second-quarter net profit, for a loss of 29.5 million euros.

It was hit by weak prices for aluminium, rising power costs and a big writedown on its investment in the African country of Guinea.
...

1 comment:

  1. Heya i am for the first time here. I came across this board and
    I find It truly useful & it helped me out a lot. I hope to
    give something back and aid others like you aided me.
    My homepage ; game tags

    ReplyDelete