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Armenia UPS Aluminum Foil Exports 17% In Q1

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  • Armenia UPS Aluminum Foil Exports 17% In Q1

    ARMENIA UPS ALUMINUM FOIL EXPORTS 17% IN Q1

    Interfax, Russia
    April 30 2013

    Armenia exported 6,984 tonnes of aluminum foil in Q1 2013, 16.6%
    more than in the same period of last year, the State Customs Service
    reported.

    The customs value of exported foil grew 16.2% to $21.964 million.

    Rusal Armenal, the country's only aluminum foil producer, told Interfax
    that the drop in value was due to a slump in world aluminum prices.

    Rusal Armenal's biggest market is the United States, which accounts
    for 80% of the company's exports. Foil is also exported to Europe
    and the Middle East.

    Foil exports grew 4.8% in 2012 to 26,247 tonnes.

    Pr ak

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