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Aluminum Bottoms With Ghosn Predicting 11% Car Growth Benefiting Deripaska Billionaire Oleg Deripaska’s forecast for a potential aluminum shortage and record global car output predicted by Carlos Ghosn mean the world’s second most- used metal may be about to rebound.

Alcoa Counts on New Russian Deal AA) has signed a deal with Russia's state-owned JSC United Shipbuilding Corporation to supply aluminum for consumption in its shipbuilding business.

JSC is the biggest holder of shipbuilding, ship repairing and engineering assets in the Russian shipping industry.
With this deal, Alcoa will be able to explore the Russian aluminum market.
Alcoa ventured into Russia in 1993. Later in 2005, the company purchased two aluminum fabricating facilities, Alcoa Samara Metallurgical plant and Alcoa Metallurg Rus. Since 2005, Alcoa has expended about $750 million in improving them. Alcoa's Samara facility is Russia's largest producer of fabricated aluminum. The facility accounts for about 40% in the mill products market while the Metallurg Rus. facility forms about 10% of the market.