The situation favorable for investments in metal industry is possible only in 3-5 years.
“Most companies now invest in vital projects. Investments in the sector now amount not to billion dollars, but to hundred millions”, Mechel CFO Sergey Rezontov said.
According to him, in the past several years there have been almost no new investment projects in metallurgy.
“Global trends of development and growth, when companies invested billions, have gone. There is a hope though, that the situation will change. And in case of metal industry, it is time to make ready for the new investment cycle, which will start in 3-5 years”, he added. (Ukrainian metal)
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