Russia's aluminium exports reach 3.59 MT in 2016, rising 0.84% YoY

AL Circle

Aluminium exports by the Russian Federation increased last year totalling 3,481,400 tonnes, reported the State Customs Committee of the Russian Federation. Aluminium, as per 2015 Custom data, represents the fourth highest dollar-valued export commodity (valued at US$6.9 billion) constituting 2.1 per cent of the total exports from Russia. Over the last three years, aluminium export market has remained fairly unchanged with little impact noted from the surge in aluminium supply from China which has added to the worries of other primary metal producers across the world. 

{newsStudioGallery}

{alcircleadd}

According to the export-import data gathered from the Federation's major ports, the country exported 3.56 million tonnes of aluminium (both alloyed and non-alloyed ingots) in 2015, which increased 0.84 per cent to total at 3.59 million tonnes in 2016. In 2017, till October, Russia is estimated to ship around 3.06 million tonnes of aluminium, up 1.9 per cent from the corresponding period last year.

News
Realization from aluminium exports in Russia has also hold its grounds over the last three years with marginal decline year-on-year. The country exported aluminium worth US$6.9 billion in 2016, which came down 10.1 per cent to be valued at US$6.2 billion in 2016. This year, till October, Russia is estimated to ship aluminium worth US$5.3 billion to the international markets, down 5.3 percent from the last year.

News
The major countries where Russia shipped its aluminium ingots to in 2016 are Japan (528217.54 tonnes), Turkey (360074.51 tonnes), Poland (168043.31 tonnes), Germany (167517.25 tonnes), and Italy (132538.87 tonnes).

{googleAdsense}

UC Rusal is the largest aluminium producer of the Russian Federation. It produces primary aluminium in the following smelters:

• Bratsk Aluminium Smelter, Bratsk
• Irkutsk Aluminium Smelter, Shelekhov
• Krasnoyarsk Aluminium Smelter, Krasnoyarsk
• Novokuznetsk Aluminium Smelter, Novokuznetsk
• Sayanogorsk Aluminium Smelter, Sayanogorsk

In the first nine months of 2016, the company produced a total volume of 2.756 million tonnes of aluminium. Its total aluminium sales volumes increased to 2.89 million tonnes, up 4.9 per cent from the previous year.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Alternate Text
IBAAS​-IIM 2024

September 25-27, 2024 | BITS Pilani K K Birla Goa Campus, Goa, INDIA

Related
Business Leads
Urgent requirement of aluminium ingot A7 for 12 months. Des...
21-May-2024 Buying request

We are looking for suppliers of aluminium ingot A7. Place o...
20-May-2024 Buying request

We are interested to buy aluminium ingot. Destination : Ind...
17-May-2024 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads