In 2015, revenue of rolled metal production in Russia may grow 1.5 times

Russian Ministry of Economic Development in its Forecast of social and economic development of the Russian Federation for 2015 has predicted growth of steel companies’ revenue in rubles by 60.5% at an annual average rate of dollar at 61.5 rubles.

The Ministry of Economic Development suggests that the growth of rolled metal exports due to the devaluation of the ruble could reach 7-10% by results of the year, including the export of steel pipes will increase by one third. The largest number of Russian metal products will be delivered to Asian markets.

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