Aluminium producer UC Rusal is continuing to diversify its sales portfolio, including more products for the medical and pharmaceutical industry, at a time of unsustainable market conditions among its traditional end consumers.
Rusal is the world's second-biggest aluminium producer and produced 3.75 million tonnes of aluminium in 2019 - 5.8% of global aluminium supply.Weak demand for value-added products due to the virus has led to order cancellations and oversupply. As a result, premiums for value-added products continue to be under pressure. Rusal told Fastmarkets it...