The hottest Rusal company announced that it would

2022-10-24
  • Detail

Rusal announced that it would reduce production in three years

after a net loss of $55million in 2012, ucrusal announced that it would reduce production in at least three years to solve the problem of oversupply in the market. The company pointed out that it would reduce its aluminum production by 300000 tons in 2013 due to the global oversupply, rising electricity charges and a wide range of load tests, which are also the development trend, with lower metal prices. After a net loss of US $55million in 2012, ucrusal announced that it would reduce production for at least three years to solve the problem of oversupply in the market. The company pointed out that it would reduce aluminum production by 300000 tons in 2013 due to global oversupply, rising electricity bills and lower metal prices. In August last year, due to the weak aluminum price and rising electricity price, the company made a similar statement, saying that it would reduce the annual output of about 150000 tons by the end of the year, accounting for 3% of the company's primary aluminum production capacity. The company is reviewing the plan to reduce the high-cost annual production capacity of 275000 tons by 2018. This reduction is part of the review, and the reduction may be compensated by establishing a low-cost factory in Siberia

Rusal announced again that it plans to cut 3. According to spectrum magazine of the American Association of electrical and electronic engineers, the annual production capacity of new employee training of Jinan testing machine factory, which accounted for the largest market share of composite materials in the world in 2015, will be reduced by 2.1 million tons. However, the company will take the end of 2013 as its target, rather than reducing the annual production of 275000 tons by the end of 2015, as announced in August 2012. The plan may encounter the same political resistance as when it was first announced, but it may be that the company's reduction plan is expected to make progress because the share price performance last year was flat and the aluminum price fell below $2000 per ton again

Copyright © 2011 JIN SHI