Russia Metals Report Q2 2014

Business Monitor International
April 16, 2014
63 Pages - SKU: BMI5232931
Countries covered: Russia

Russia Metals Report Q2 2014The Russian metals sector will face headwinds over coming quarters as European and US demand remainsweak and global oversupply weighs on metal prices. We expect production of key metals to remain modest,with company investment plans focusing on improving plant efficiency and reducing costs rather thanbuilding new plants or expanding production capacity. Despite weak growth, Russia will remain one of theworld's largest producers of base and industrial metals including nickel, steel and aluminium.

Steel, Aluminium & Nickel Supply Glut To Weigh On Growth

We expect Russia's rank among global steel producers to come under threat, as the country's largest steelmakersexperience squeezed margins resulting in production cuts. The global steel market will remain miredin significant overcapacity, sluggish demand and weak margins for the foreseeable future due to China'sfailure to reform its bloated steel sector.



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