BASE METALS

Slow logistics hits En+ sales

En+, the Anglo-Russian energy and metals group with a controlling stake in Rusal - the world's third largest aluminium producer – has reported stable production and rising prices for Q3, but sales fell as the global logistics snarl slowed the pace of shipment transit.

William Clarke
Slow logistics hits En+ sales

Aluminium production in Q3 was up 0.4% year-on-year, at 943,000 tonnes, while sales fell by 9.2% to 915,000 tonnes. "The sales decrease in 3Q 2021 can largely be explained by an increase of goods in...

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