Rusal's Q2 aluminum production reduces
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Update time : 2020-07-29 22:31:08
Rusal's second-quarter aluminum production decreased by 1.4% from the first quarter,. The aluminum sales went up by 6.8% compared to the previous quarter, but the figure was down by 9.8% compared to the same period of last year.
In the first half of this year, Rusal's aluminum sales went down by 4.4% compared to the same period of time last year.
The firm's value-added aluminum product sales decreased by 14% in the second quarter compared to the first quarter due to the virus.
Separately, China produced 2.8% more aluminum in the first half of this year. Manufacturing conditions continued to pick up as a whole. A potential second wave of COVID-19 might bring uncertainties for the aluminum market.
