Rosmould Expo 2009

Leading trade and contact platform for the metallurgy industry reflects robust economic climate in Russia Thanks to high prices on the global markets, Russia’s metallurgy industry is in a strong financial position. According to the German Office for Foreign Trade (bfai), the country’s seven biggest steel companies alone racked up combined sales of USD 25 billion in 2006, producing USD 8.5 billion in profits. Apart from company acquisitions abroad, the steel smelters and aluminium businesses are investing at home, above all, in new plants. The need for upgrades remains high and experts predict that growth in investment will continue in the double figures for the coming years.