Venezuela’s state aluminum smelters operated normally on Monday despite the commencement of a strike by workers demanding the government address industry problems they blame on outmoded equipment and insufficient investment. For full story, click here
Russian state-controlled hydro power monopoly RusHydro sees entering aluminum production by constructing new smelters in Russia as its strategy for the future. Chief Executive Vasily Zubakin stated: Our strategic target is to export electricity in the form of aluminum. For full story, click here
Some U.S. secondary aluminum smelters have increased scrap prices by 1 or 2 cents a pound to acknowledge competition from exporters, although volumes remain slim. For more information, click here
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