On 8th September 2021, the world's largest manufacturer of low-carbon aluminium, Rusal confirms the appointment of former Chalco trader Deng Gang as its new Sales Director for the China market.
Deng previously held the position as Head of China for Concord Resources and before that, from 2016-20 he was the Chief Marketing Officer for Chalco Trading Hong Kong Ltd., a unit of China's state-run aluminium maker Chalco.
Deng has joined Rusal’s Shanghai office this week and will report to Roman Andryushin, Deputy General Director for Sales in Russia, CIS and China.
He is countering a busy start in the job as several Chinese regions impose restrictions on aluminium producers, redirecting Shanghai aluminium prices SAFcv1 to 13-year highs on concerns of limited supply and boosting the import demand of the metal.
Roman Andryushin said: “China is one of the fastest-growing markets in the global aluminium industry. Strengthening RUSAL's team in this region is part of the company's strategy to develop this area and strengthen RUSAL's position as a leading supplier of low carbon aluminium.”
In 2020, the Russian aluminium giant opened an office in Shanghai to increase sales of low-carbon aluminium and predicted a previously rare price arbitrage to ship metal to China.
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