RUSAL Makes Statement on FAS Announcement
OREANDA-NEWS. September 08, 2011. UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL, MICEX: RUALR, RTS: RUAL), the world’s largest aluminium producer, notes the statement issued by the Federal Anti-Monopoly Service (FAS) against JSC ‘RUSAL Trading house’ on the grounds of presumed abusive action on the aluminium market using the market dominance and considers it necessary to make the following statement, reported the press-centre of RUSAL.
RUSAL believes the FAS’s claims to be groundless, supported by the fact that the initial claim to the FAS has been withdrawn by the complainant.
RUSAL supplies A7-grade aluminium to the company that initiated and then withdrew the claim. The share of A7-grade aluminium in the Company's primary aluminium sales in the Russian market does not exceed 2%.
RUSAL’s key priority is to satisfy customers’ demands on the most advantageous terms.
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