Russia's Rusal Q3 sales down 7.6% YoY

2020-10-28

Oct. 28, 2020 - Russian aluminium producer Rusal on Tuesday reported a 7.6% fall in its third quarter aluminium sales compared with a year ago as the coronavirus pandemic hit demand for its metal used in construction materials, cars and cans.

Rusal, the world's largest aluminium producer outside China, said its aluminium sales totalled 1.01 million tonnes in July-September 2020.

In the first nine months of 2020, global primary aluminium demand fell by 2.6% year-on-year to 46.7 million tonnes, while global production grew by 1.5% to 48.4 million tonnes, it added.