Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  United Company Rusal Plc    0486   JE00B5BCW814

News SummaryMost relevantAll newsSector newsTweets

United Rusal : Aluminium wiring returns to the Russian market

share with twitter share with LinkedIn share with facebook
share via e-mail
11/15/2017 | 01:20pm CET

Moscow, November 15, 2017 - UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL), a leading global aluminium producer, is pleased to announce that aluminium alloys 8030 and 8176 have been successfully approved by Russian authorities for the use in electrical wiring applications. This approval opens up new market opportunities for aluminium.

The Ministry of Energy of the Russian Federation has approved the order that regulates construction of electrical installations and permits the use of aluminum wiring in buildings and structures.

In 2000, due to the outdated technical specification of electrical wiring, the market regulator imposed a ban on the use of aluminium wiring in the construction of residential and public buildings.

Having analyzed the long-present international practices in cable production for residential, public and industrial buildings, RUSAL's technical specialists have launched the production of 8030 and 8176 alloys at the Kandalaksha and Irkutsk aluminium smelters.

These alloys are subsequently widely used in electrical wiring production in the United States and China.

The new aluminum wiring has the highest level of fire safety which is obtained through the addition of combustion-resistant polymer insulation that does not contain halogens.

The aluminium wiring, manufactured by Irkutskkabel and Kamskiye Cable, has undergone extensive testing in accordance with the current testing methods. Experts from RosElectromontazh Association and the Russian Ministry of Emergency Situations Research Institute were involved in the evaluation process of the reliability tests.

The cables with the power core made of aluminium alloys 8030 and 8176 have a number of significant advantages in comparison with copper peers, among them being its more favorable price, lower weight and increased flexibility.

Aluminium and its alloys are used in electrical engineering worldwide. The permit received from regulator is a major breakthrough for Russian producers of aluminum wiring on the domestic market and in the CIS countries.

United Company RUSAL plc published this content on 15 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 November 2017 12:19:02 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
08:59a UNITED RUSAL : RUSAL and ENERGOPROM entered into long-term contract for supply o..
2017 UNITED RUSAL : RUSAL reveals top 10 events of 2017
2017 UNITED RUSAL : LMZ SKAD lifts aluminium wheels production by 27% in 2017
2017 UNITED RUSAL : UC RUSAL co-organises “The Wanderers – Masterpieces f..
2017 Russia's En+ third-quarter net profit up 43 percent year-on-year to $350 mill..
2017 UNITED RUSAL : RUSAL sets up the infrastructure for data center at NAZ
2017 UNITED RUSAL : Norsk Hydro to sell low-carbon aluminium in climate push
2017 UNITED RUSAL : Aluminium wiring returns to the Russian market
2017 UNITED RUSAL : Rusal 9-month net profit up 46.4% to US$782m
2017 UNITED RUSAL : UC RUSAL to supply more than 500 tonnes of aluminium to upgrade M..
More news
News from SeekingAlpha
2017 United Company Rusal PLC reports Q1 results
2017 United Company Rusal PLC reports Q4 results
2017 UC Rusal Proposes An OPEC Of Aluminum To Somehow Contain Chinese Production
2016 Aluminum, Stick Or Twist, Bubble Or Burst
2016 United Company Rusal PLC reports Q3 results
Financials ($)
Sales 2017 9 697 M
EBIT 2017 1 590 M
Net income 2017 1 306 M
Debt 2017 7 651 M
Yield 2017 4,36%
P/E ratio 2017 8,65
P/E ratio 2018 6,24
EV / Sales 2017 1,94x
EV / Sales 2018 1,75x
Capitalization 11 129 M
Duration : Period :
United Company Rusal Plc Technical Analysis Chart | 0486 | JE00B5BCW814 | 4-Traders
Technical analysis trends UNITED COMPANY RUSAL PLC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 0,88 $
Spread / Average Target 21%
EPS Revisions
Vladislav Aleksandrovich Soloviev Chief Executive Officer & Executive Director
Oleg Vladimirovich Deripaska President & Executive Director
Artur Matthias Warnig Independent Non-Executive Chairman
Alexandra Buriko Chief Financial Officer
Victor Mann Director-Technical
Sector and Competitors