In 2013, decline in metal production can reach 3-4%

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.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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