The Russian Steel Association for the first time since 2013 expects the increase in metal consumption on the local market – by 1.2% YoY.
Steel consumption growth in Q1 was 6% YoY. At the same time imports increased by 80%.
In 2000-2016 investments into the industry totaled 2.04 trillion rubles, this year they will increase by 26% to 2015. (Ukrainian metal)