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RUSAL cuts capacity on weak demand

2012-08-27 4 Dailymotion

RUSAL, the world's largest aluminium producer, has said it will cut its capacity by three to four percent by the end of the year.<br /><br />That after the Russian group announced a 71.5 percent drop in second-quarter net profit, for a loss of 29.5 million euros.<br /><br />It was hit by weak prices for aluminium, rising power costs and a big writedown on its investment in the African country of Guinea.<br /><br />...<br />http://www.euronews.net/

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