Source: Reuters Insider
RUSAL is sitting pretty these days.
As the world’s largest aluminum maker by output — responsible for about 4 percent of the global aluminum production — the Russian company has a rosy outlook on where prices are going in 2011, mainly due to China’s import needs. (The company already purchased a 33 percent stake in Chinese aluminum trader Shenzen North Investments.) The implications of Russia’s metal industry relations with emerging economies, China and India in particular, are huge.
See what Maxim Sokov, RUSAL’s head of strategy and deputy CEO had to say about it in a recent Reuters Insider interview.
Check out the video here, or click on the image above.