RusAl shares rose by more than 5% due to an increase in aluminum…
RusAl shares rose by more than 5% due to an increase in aluminum prices.
Consensus
- Aluminum prices on the London Metal Exchange exceeded $3,300 per metric ton on August 10.
- RusAl's share price increased on the Moscow Exchange on August 10.
- The rise in aluminum prices was linked to RusAl's share performance.
- The price of aluminum reached its highest level since June 23, 2025.
Points of divergence
- Aluminum price reached $3,314 per ton by 16:53 MSK on August 10. — kommersant
- RusAl shares traded at 27.98 rubles per share on August 10. — kommersant
- Aluminum price reached $3,321.5 per ton by 10:20 MSK on August 10. — vedomosti
- RusAl shares were at 27.63 rubles per share by 13:26 MSK on August 10. — vedomosti
- RusAl is challenging a warning from the Federal Antimonopoly Service (FAS) regarding its pricing policy in court. — vedomosti
- FAS initiated an antimonopoly case against RusAl for failing to comply with a warning issued on March 30. — vedomosti
- RusAl's pricing policy involved higher domestic prices than export prices, based on a regional premium tied to European benchmarks. — vedomosti
- FAS stated that the European market had lost representativeness for Russia, and exports had shifted to Asia where prices are lower. — vedomosti
Coverage (3 sources)
- Rusala shares rose by more than 5% due to rising aluminum prices — Коммерсантъ
- The price of aluminum rose above $3300 per ton — Ведомости
- Market price for aluminum rose above $3,300 — Коммерсантъ