Wednesday, February 26, 2014

COPPER MARKET IN RUSSIA CHANGES HAPPEN

COPPER MARKET IN RUSSIA CHANGES HAPPEN
COPPER MARKET IN RUSSIA CHANGES HAPPEN

In the next few years the Russian market of copper and its deep processing products will be fundamental changes - the conclusion reached at the All-Russian Conference `Copper, Brass, Bronze: trends in production and consumption-2012 #39;, held on September 13-14 in Yekaterinburg.

During the conference, presentations were made by the leaders and Specialists of Russian Copper Company, UMMC-OCM, Catur-Invest, Institute Tsvetmetobrabotka, companies galaxy PROMEKO, KME etc. Their performances have heard the top managers of companies producing different kinds of products from copper and its alloys, metal-trading organizations, industrial enterprises, etc., including UMMC-Holding, KUZOTSM, Prima Center, Metalservice, MK Brass, Normetimpex, TsvetKompleksMetall, RosTsvetMet.

As demonstrated by the conference, now in the Russian market planned several important trends. First of all, it is worth noting the creation of small enterprises for the production of wire rod, steel and other products made of copper and its alloys in the scrap metal and metal-trading companies, and engineering companies. Moreover, in Russia, in spite of the fall in demand will increase imports rolled from abroad, both in connection with the entry of our country into the WTO import duties will be gradually reduced.


In addition, foreign manufacturers and traders to boost presence in the market through the establishment of representative offices and branch networks.

However, and Russian traders, specializing in sales of rolled steel or aluminum, have been paying close attention to the semi-finished copper and so expect to expand the number of participants in the copper market, and as a result of increased competition.

In addition to the plenary sessions, the participants of the conference made a business trip excursion, examined in two museums in Yekaterinburg exposure on the development of the Ural metallurgy, as well as visiting Uralgidromed - the only Russian company that uses the in-situ leaching for the industrial production of copper cathodes.