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Articles with tag "metals"

Russian Steel Executive Rings Alarm Bells for Struggling Industry

A strengthening ruble and high interest rates have choked demand and profitability, making imminent production cuts and plant closures a possibility.

Russia’s Rusal to Cut Aluminum Production Amid Rising Costs, Sluggish Demand

Rusal said it would cut output by 250,000 metric tons as profit margins are squeezed by record-high alumina prices.
1 Min read

China Disguising Imported Russian Copper as Scrap to Avoid Sanctions – Reuters

The shredded metal is harder to trace, making it easier to sell to Chinese manufacturers and keep doing business with buyers wary of Russia.
2 Min read
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