13:45, 23 June 2010

Ministry of Industry and Trade of the Russian Federation together with Metal-Expo have agreed on holding a number of events

A number of business events important to the industry will be held during Metal-Expo’2010. For example, a session of the Coordination Council for the Steel Industry by the Ministry of Industry and Trade of the Russian Federation will be held during the exhibition on November 9, and on the next day a workshop on mining and metallurgical complex as part of the industrial dialogue between Ministry of Industry and Trade of the Russian Federation EU Committee will be held. A joint participation of the key market players, industrial unions and the government in the event will enable to define the most pressing problems and trends of strategic development of the Russian metal and steel industry.

During the economic recession steel producers and governmental officials turned the Coordination Council for the Steel Industry into a working tool aimed at finding solutions to the problems of the industry. The Coordination Council for the Steel Industry held during the last Metal-Expo gathered together top-managers of such major companies as: MMK, Severstal, NLMK, Metallinvest, EVRAZ Holding, Mechel, Basic Element, Russpetsstal, TMK Group, OMK etc. The participants discussed such issues as investment programs, balance between production and consumption, measures taken to support the steel industry by the government, raw materials supplies, prospects of the market development etc.

It is clear that this time the most pressing problem will be demand stimulation for fall in consumption has turned out to have a long-term effect. Among other topics of the forthcoming session of the Coordination Council for the Steel Industry by the Ministry of Industry and Trade of the Russian Federation will be raising of the domestic demand, establishing long-term relations with consumers, protection of the domestic market, stimulation of buying of rolled products by domestic producers, support in the international markets etc.

A workshop on mining and metallurgical complex as part of the industrial dialogue between Ministry of Industry and Trade of the Russian Federation EU Committee will be held on November 10. The visit of the delegation of EU officials and members of European industrial unions to Metal-Expo will continue the investment dialogue between EU and Russia on joint initiatives on mining and metallurgical sector. The aim of the workshop is to improve the state of things from the administrative, normative and investment points of views for commercial companies operating in Russia by a closer cooperation, information exchange, and joint work on harmonization of technical legislation, norms etc.

Along with representatives of federal and EU officials, such representatives of Russian and EU business community as Eurofer, Eurometaux, Euromines, IMA Europe, MMK, Severstal, Metallinvest, Mechel Group, NLMK, RUSAL, Norilsk Nickel, UMMC Holding, Foundation for Development of the Tubular Industry, Russian Union of Metal Exporters etc. will also participate in the workshop.

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