In 2013, decline in metal production can reach 3-4%
Edited by vadim / 2013-06-25 06:48:16
In the beginning of 2013, Russia declined a lot metal exports. In Q1, it declined by $2 billion, due to low demand and low prices. State of affairs is extremely negative at the whole metal market, worse than it is for hydrocarbons market. The prices declined by 8.9% for rolled steel, by 4.6% for copper, by 7.9% for aluminum and by 11.9% for nickel.