Rusal formulates shutdown plan for 4th qtr.

Aug 08, 2013 | 01:40 PM | Jethro Wookey

Tags  Rusal, aluminium, smelter closure, production cut, Division West,

LONDON — United Co Rusal is taking the traditionally quiet summer months to finalize its plan to shut at least 300,000 tonnes of aluminum capacity this year, with the company’s recently upgraded Division West smelters in Russia slated for closure in the fourth quarter.

"We’re looking at the closure plan for next year. It will include most of the western Russian smelters, depending on local governments," a source at the Moscow-based company said.....

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