US sanctions were withdrawn in late January 2019. Yet, Rusal’s Q1 results – VAP sales and profitability – were materially weak. While operational normality should be gradually restored, the current market environment poses new (near-term) challenges. Fortunately, the Russian aluminium major seems well-equipped to withstand these headwinds and hence, remains an attractive, though still risky, sector bet.
17 May 2019
A weak start to the year
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
A weak start to the year
- Published:
17 May 2019 -
Author:
Varun Sikka -
Pages:
4
US sanctions were withdrawn in late January 2019. Yet, Rusal’s Q1 results – VAP sales and profitability – were materially weak. While operational normality should be gradually restored, the current market environment poses new (near-term) challenges. Fortunately, the Russian aluminium major seems well-equipped to withstand these headwinds and hence, remains an attractive, though still risky, sector bet.