Russian steel market in 2007 amounted to ~39.9mt demand.
Flat : long : tube mix was 48:29:23.
Russian crude steel production was ~72mt [around 5.4% of world output].
DEMAND STRUCTURE [flat steel products]
Demand structure (finished flat steel products) was ~25mt production, 4mt imports, 10mt exports, consumption 19mt.
A chart in the presentation illustrates the steel demand by product type.
LEADING STEELMAKERS [flat products]
A chart in the presentation illustrates flat product output by each of the main suppliers.
Magnitogorsk (MMK), Severstal, NLMK (Novolipetsk Iron & Steel Works) lead the field.
OLIGARCH INVOLVEMENT
Ownership of steel assets by oligarchs is described. Abramov, Akhmetov, Lisin, Makhmudov, Pumpyanskiy, Rashnikov and other ownership positions are outlined.
MORE INFORMATION
MCI website http://www.steelonthenet.com runs a free CIS news page at: http://www.steelonthenet.com/feeds/russia.php.
We also publish a regular report called ‘Memo from Moscow’ which covers topical CIS steel industry issues. This can be accessed free at http://www.steelonthenet.com/moscow.html.
Our representative in Moscow is also available for iron and steel sector research support.
Contact MCI@steelonthenet.com for further information.
For full report see pdf attachment or powerpoint slides.
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