RUSAL cuts capacity on weak demand

RUSAL, the world's largest aluminium producer, has said it will cut its capacity by three to four percent by the end of the year.

That after the Russian group announced a 71.5 percent drop in second-quarter net profit, for a loss of 29.5 million euros.

It was hit by weak prices for aluminium, rising power costs and a big writedown on its investment in the African country of Guinea.

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