An aluminium smelter operated by Rusal in Sayanogorsk, Russia. Analysts say the company’s stock valuation represents a deep discount on global and Russian peers. Photo: Bloomberg
An aluminium smelter operated by Rusal in Sayanogorsk, Russia. Analysts say the company’s stock valuation represents a deep discount on global and Russian peers. Photo: Bloomberg
Stocks

Why these two Russian metal stocks are forging their way back into Hong Kong investors’ hearts

  • Rusal shares closed at HK$3.84, a ten-month high, on Monday
  • Shares in east Siberian iron ore miner IRC have jumped by 136 per cent since January 2018

An aluminium smelter operated by Rusal in Sayanogorsk, Russia. Analysts say the company’s stock valuation represents a deep discount on global and Russian peers. Photo: Bloomberg
An aluminium smelter operated by Rusal in Sayanogorsk, Russia. Analysts say the company’s stock valuation represents a deep discount on global and Russian peers. Photo: Bloomberg
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