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Russia's Amurstal plans to increase rolled steel production in 2025-有色金属展-铜材展-2025年广州国际有色金属工业（铜业）展览会 -The 25th China(Guangzhou) Int'l Non-Ferrous Metals (Copper) Exhibition
9/9/2024 有色金属展-铜材展-non-ferrous metals expo |
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Alexey Abrosimov, the minister of industry and trade of the Khabarovsk Territory in Russia, has shared the expectations for theRussian steel industry and the plans of local steelmaker Amurstal during his speech at the Eastern Economic Forum inVladivostok,according to local media reports
Mr. Abrosimov pointed out that the production volumes in the Russian steel industry are expected to rise by 1.2 percent year onyear in 2025 and by 1.1 percent year on year in 2026 and that the output of finished steel products is expected to grow by 19.2percent in 2025 and by 3.1 percent in 2026. Moreover, Amurstal wil increase its roled production volume to 650.000 mt next yearwhile it is currently expanding its production complex, allowing it to offer a wide range of products to its customers
Regarding domestic demand, Abrosimov stated that an increase in demand from the domestic construction, mechanicalengineering and pipe industries is the reason behind the growth of the steel sector. He also added that the competitiveness of thesteel products is on the rise, due to the modernization of production processes and the development of new sales markets.
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