Rusal Q1 aluminium VAP sales down 22% on sanctions

Aluminium producer Rusal’s sales of aluminium value-added products (VAPs) were down 22.2% year on year in the first quarter of 2019 amid US sanctions and high premiums, it announced on Tuesday April 30.

Sales of value-added products, such as billet, foundry and slab, reached 256,000 tonnes in the first quarter of 2019 compared with 333,000 tonnes in the fourth quarter of 2018.
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Published

Alice Mason

April 30, 2019

17:30 GMT

London