Rusal’s 2d-qtr. loss widens, plans more production cuts

Aug 19, 2013 | 01:11 PM | Shivani Singh

Tags  United Co. Rusal, aluminum, alumina, Oleg Deripaska, production cuts, Shivani Singh

SINGAPORE — United Co. Rusal’s second-quarter loss widened amid lower aluminum prices as excess global supply forces the company to implement further production cuts.

The Moscow-based company posted a net loss of $458 million for the three months ended June 30 vs. a $55-million loss in the same period last year on revenue that fell 10.7 percent to $2.52 billion.....

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