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Aluminium ... premiums to stay.

Rusal sees 1.3m-tonne global aluminium deficit in 2015

ABU DHABI, September 23, 2014

Russia's United Company Rusal forecasts a global aluminium deficit of 1.3 million tonnes in 2015, which will keep the spot price premium for the metal high, its first deputy chief executive officer said.

"I don't think premiums will go down," Vladislav Soloviev told an industry event in Abu Dhabi, UAE.

"My projection is that by the end of the year we will have a 1.5 million tonne deficit and, next year, we will have maybe a 1.2 million to 1.3 million tonnes deficit."  - Reuters




Tags: aluminium | market | Rusal |

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