According to the Ministry Of Industry And Trade Of Russia, average yearly investment volume to Russian metallurgy will amount in 2009 to 2011 RUB 150 billion including the investments in ferrous metallurgy RUB 96 billion and in non-ferrous metallurgy RUB 53 billion. In 2012 to 2015 the investments will amount RUB 190 billion including RUB 117 billion and RUB 75 billion correspondingly. In 2016 to 2010 the investments will amount RUB 210 billion including RUB 125 billion and RUB 90 billion correspondingly.

Minpromtorg had updated the metallurgy development strategy till 2020 taking into account the effect of the global economy crisis on the figures, development rates, and economy situation in Russia.

In 2004 to 2008 average yearly investment volume in metallurgy amounted more than USD 6 billion having exceeded similar figure for 2000 to 2003 by 2.4 times. Due to the crisis metallurgical companies’ investment resources fell acutely. In 2008 investments volume in metallurgy basic stock decreased comparing with the expected RUB 230 billion and amounted to RUB 198 billion.

In 2009 further investment decrease is forecasted. The investments in metallurgy will not exceed RUB 125 billion.

Minpromtorg reports Aluminium output in Russia can grow in 2010 by 40% to 5.9 million tonnes, copper by 40 % to 1.2 million tonnes, zinc by 90 % to 0.5 million tonnes, nickel by 16 % to 305,000 tonnes as compared with 2008.

The development of high-tech non-ferrous metal products domestic market till 2020 will be connected with the demand increase, first of all for the “fourth process stage” products from the main metal consuming industries.

(Source from Rusmet.ru)