DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/6d745a/overview_of_the_ru) has announced the addition of Frost & Sullivan's new report "Overview of the Russian Metal Industry" to their offering.
The revival of the global economy, increasing price of metals and cost competitiveness of large, vertically integrated companies are adding sheen to the Russian metal industry. Although the industry has been growing for decades, it is still maintaining a dynamic pace and is likely to experience a compound annual growth rate (CAGR) of approximately 7.8 per cent, in terms of volume, during 2011-2017. It is still developing due to new exploration projects supported by privately owned companies as well as the Russian Government.
The global demand for metals is anticipated to rise gradually due to the revival of the world economy. The metal industry is highly dependent on demand from its largest end-user industries, including construction, transportation, automotive and electronics. The recovery of these end-user industries in 2010 has boosted the demand for metals. One of the most significant advantages of the Russian metal industry is the low cost of metal production, remarks the analyst of this research. This, in turn, is due to the abundance of metal resources, the low cost of energy generation and the large pool of well-qualified yet low cost labour. Large, vertically integrated Russian companies offer significant cost advantages. On the other hand, they face various restraints, such as low domestic demand for metal products, escalating energy costs and lack of investments.
Overall, the Russian metal industry needs significant investments for infrastructure and technology development. New infrastructure should include modern plants, up-to-date equipment as well as improved transport infrastructure, especially in Far East Siberia. The mining industry will also require sizeable investments. High initial investments will be required for the exploration of new attractive projects, to carry on geological research for several years and to operate mines efficiently. The lack of a reliable legal system, insecure licensing, inequity in the treatment of foreign and domestic companies, inability to export some commodities directly and a weak banking system are all major factors that hamper the inflow of foreign investments into the Russian metal industry.
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Ferrous metals (iron and steel)
- Non-ferrous metals (aluminium, copper and nickel)
- Precious metals (gold and silver)
By End-user:
- Construction
- Transportation
- Electronic
- Jewellery
- Other
Key Topics Covered:
1. Executive Summary
2. Introduction
3. Industry Analysis
4. Segments Analysis-Ferrous Metals Market
5. Segments Analysis-Non-ferrous Metals Market
6. Segments Analysis-Precious Metals Market
7. End Users Analysis
8. Strategic Conclusions
9. Appendix
10. About Frost & Sullivan
For more information visit http://www.researchandmarkets.com/research/6d745a/overview_of_the_ru