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Positive response to trade fairs Metallurgy-Litmash, Tube Russia and Aluminium/Non-Ferrous
Many renowned international companies have already booked exhibition space
The economic conditions for the trade fairs Metallurgy-Litmash, Tube Russia and Aluminium/Non Ferrous to be held from 28 to 31 May 2012 in Moscow are improving: Despite an extremely difficult economic environment over the past few years, the industry is now looking to the future with a fair amount of optimism thanks to the constantly improving investment climate in Russia. Well-known exhibitors such as TMK Russia, OMK Russia, Danieli, Elmaksan, Heinrich-Wagner-Sinto, Laempe Mössner, Künkel Wagner, Paul Wurth, Oskar Frech, Siemens VAI, Foseco and the SMS-Group have already secured their place at the Expocentre Fairgrounds in Moscow. In 2011 265 exhibitors from 24 countries showcased their exhibits.
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Metallurgy Litmash • Tube Russia • Aluminium / Non-Ferrous 2012; Application German Participation
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Russia forecast to produce 67mt of crude steel in 2011
Russia is forecast to produce 67m tonnes of crude steel and 57.5mt of finished steel products in 2011, both up roughly 5% on 2010 levels, Steel Business Briefing learns from the Russian ministry for industry and trade.The forecasts are linked to the rate of growth of gross domestic product (GDP) in Russia, which is expected to slightly exceed 4% this year, SBB understands.
The ministry also forecasts a 4% increase in domestic pig iron production this year, with output reaching 49.5mt. The country’s output of iron ore concentrate may near 103mt and coke 31mt, both rising by between 3 and 4%.
Growth in steel pipe production is expected to continue to outpace growth in other products in 2011, with output increasing by 7% to 8.8mt.
Last year saw the Russian steel industry recover at quick pace, post-economic crisis, the ministry says. It estimates Russia will have produced 64mt of crude steel in 2010, up 8% on 2009. Finished steel production is estimated at 55mt and pig iron production at 47.5mt, also both up around 8%. Pipe output is expected to have risen the most steeply - by 23% to 8.2mt. In terms of raw materials, the country is expected to have produced 99.5mt of iron ore concentrate and 29.7mt of coke in 2010, again up 8% on 2009.
Source: http://www.arabsteel.info/total/long_news_Total_e.asp?ID=829
Russian Steel Industry Analysis
During the last few years, the Commonwealth of Independent States (CIS) has positioned itself as a key player in the global steel industry. Moreover, countries like, Russia, Ukraine has positioned themselves as dominant forces in the global steel industry. Steel consumption throughout the region has increased sharply mainly on the back of growing demand from the construction industry. The proximity with other European countries and low production costs enormously benefited these countries and Russia being the largest reservoir of iron ore and steel plants, utilized the opportunities with ease.
According to our research “Russian Steel Industry Analysis”, steel production in Russia has expanded rapidly during the past few years, on the back of sufficient raw material supply, growing investment in Greenfield projects, domestic & export demand, cheap & reliable gas & energy supply. The economic slowdown had its moderate negative effects on the steel demand-supply mix. The production registered a year on year decline of 12.6% and consumption also significantly dropped. However, the industry posted strong recovery in 2010 and overall growth was encouraging. Steel production, which is anticipated to grow at CAGR of 7.2% during 2010-2014, will position Russia as a prominent steel export hub in the world.
Our analysis of the competitive landscape suggests that, the steel supply sector has expanded with the influx of regional players. In the present post recession scenario, steel manufacturers are executing their capacity expansion plans, which were put on halt during recession period. To sustain their growth, traders are striving hard to provide quality steel on demand at competitive prices, which is ultimately benefiting the consumer.
The report “Russian Steel Industry Analysis”, identifies the rising importance of the Russian steel industry potentials and its future outlook. The study assesses the present status of Russian steel industry and identifies opportunities existing in the market. The report thoroughly investigates the current market trends, evolving markets, and growth prospects of the industry. The report, through its rational forecasts, outlines the future direction of the market. The report also facilitates steel demand forecasts in various vertical industry segments including, automobile, construction, energy, etc. Besides, steel demand analysis and forecasts have been covered for various product segments including flat, long, tubes, etc.
Source: http://www.researchandmarkets.com/research/6fe30d/russian_steel_industry_analysis
Messe Düsseldorf
