The Federal Antimonopoly Service has opened a case against RUSAL on grounds of imposing unfavorable conditions on Russian refiners, as the group did not comply with the antimonopoly service's warning. This is reported on the FAS website.
Earlier, in connection with the identified signs of violation of the law, the antimonopoly authority warned RUSAL about the need to change the terms of aluminum supply contracts. It was necessary to eliminate the provisions that caused aluminum prices for Russian consumers to exceed export prices.
RUSAL's pricing formula for Russian consumers took into account the regional premium based on the European price index. At the same time, Russian-made aluminum is currently supplied mainly to Asian markets.
According to the FAS, such a pricing model has signs of violating antimonopoly legislation, since it puts Russian refiners at a disadvantage – domestic enterprises paid more for aluminum than foreign ones.
The Antimonopoly Authority has issued a warning to RUSAL about the need to adjust the pricing formula for the domestic market.
The price of aluminum translates into the cost of a wide range of goods, from packaging to building materials and products for the electric power industry. At the same time, the balance of interests of producers and consumers remains a key condition for the sustainable technological development of related industries and the state as a whole, the FAS emphasizes.
After issuing the warning, RUSAL twice sent a request to the FAS for an extension of the deadline for its execution, however, it did not comply with the requirements of the antimonopoly authority.
In 2025, the FAS recommended that the group develop a trade and sales policy, taking into account its dominant position in the market. So far, RUSAL has not adopted a trade and sales policy.
RUSAL is a Russian aluminum company. The authorized capital of MCPAO UC RUSAL consists of 15193014862 ordinary shares with a par value of 0.656517 rubles each.
RUSAL's loss for 2025 was $455 million, compared with a profit of $803 million a year earlier. Adjusted EBITDA fell by 29.5% to $1.053 billion. The company's total revenue increased by 22.6% to $14.812 billion from $12.082 billion.
RUSAL's corporate foundation, the Center for Social Programs, took second place in the fifth ranking of charitable foundations supported by Russian companies. It was prepared by the AK&M Rating Agency with the support of VTB Bank.
