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Russia's Rusal restores product deliveries to US

March 07, 15:49 UTC+3

Shipments are now made at "significant levels"

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© REUTERS/Ilya Naymushin

MOSCOW, March 7 /TASS/. Rusal restored shipments of products to the United States "at significant levels," especially deliveries of high-margin produce and alloys, Head of Russia and CIS Sales Roman Andryushin told reporters on Thursday.

"We have also restored shipments to the United States. Shipments are now made at significant levels, so that we will be able to demonstrate sales of about several hundred thousand tonnes annually. Sales in the United States are also high-margin by nature. These are largely alloys, making it possible to supply products without losses, despite the import duty," the top manager said.

Rusal is the largest producer of primary aluminum in Russia. The company produced 3.75 mln tonnes of primary aluminum in 2018, up 1.3% in annual terms. Rusal exported more than 80% of its products before introduction of sanctions by the US. Sanctions were lifted on January 28 of Moscow time.

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