Reuters reported that Russia's UC RUSAL could cut output by 6% in the next 18 months.

Mr Oleg Deripaska CEO of RUSAL said that "It may be up to 6 percent, which we expect may happen in the next 18 months."

The company, which accounts for about 10% of primary global aluminum output, said last week that it had no plans to follow US rival Alcoa Inc's lead in cutting production.

Earlier this month, Alcoa said that it would cut output at a number of high-cost smelters in Europe.

(Sourced from Reuters)