Rusal Drops in Moscow as Aluminum Prices Fall to One-Month Low

Industry News 09:10:41AM Feb 17, 2012 Source:SMM

Feb 16, 2012 -- United Co. Rusal (486), the world’s largest aluminum producer, declined in Moscow trading as prices for the light metal dropped to the lowest in a month.

Rusal’s Russian depositary receipts lost as much as 2.8 percent in Moscow trading, which would be the biggest fall since Dec. 16, before trading down 2.6 percent at 257.68 rubles at 10:29 a.m.

Aluminum prices dropped 0.6 percent yesterday in London to $2,187 per a metric ton.
 

Key Words:  Rusal  aluminum 

Rusal Drops in Moscow as Aluminum Prices Fall to One-Month Low

Industry News 09:10:41AM Feb 17, 2012 Source:SMM

Feb 16, 2012 -- United Co. Rusal (486), the world’s largest aluminum producer, declined in Moscow trading as prices for the light metal dropped to the lowest in a month.

Rusal’s Russian depositary receipts lost as much as 2.8 percent in Moscow trading, which would be the biggest fall since Dec. 16, before trading down 2.6 percent at 257.68 rubles at 10:29 a.m.

Aluminum prices dropped 0.6 percent yesterday in London to $2,187 per a metric ton.
 

Key Words:  Rusal  aluminum