Rusal ended 2018 on a steady note, despite the various (market) difficulties – whose impact was pertinently visible in the Q4 performance. For the full-year, euphoric (price) gains in Alumina largely compensated for Aluminium’s weakness. Moreover, Norilsk Nickel remained a prized support. With the US sanctions now being removed, normal business operations should be restored from 2019 onwards. Further support is likely to surface via expected global (ex. China) market deficits.
08 Mar 2019
Overall stable operating results, even after a gruelling year
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Overall stable operating results, even after a gruelling year
- Published:
08 Mar 2019 -
Author:
Varun Sikka -
Pages:
4
Rusal ended 2018 on a steady note, despite the various (market) difficulties – whose impact was pertinently visible in the Q4 performance. For the full-year, euphoric (price) gains in Alumina largely compensated for Aluminium’s weakness. Moreover, Norilsk Nickel remained a prized support. With the US sanctions now being removed, normal business operations should be restored from 2019 onwards. Further support is likely to surface via expected global (ex. China) market deficits.