RUSSIAN METALLURGY: THE ROUBLE WEAKNESS ALONE DOES NOT SUFFICE ANY LONGER

Georgy Idrisov, Yuriy Ponomarev and Sergei Sudakov

Russian Economic Development, 2016, issue 1, 34-37

Abstract: The current change in expectations concerning the prospects of global economy development is refl ected in weakening demand for metallurgy products, primarily in China. International and Russian domestic producer prices for the major types of metal goods continue to decline. The rouble weakness no longer suffi ces for the Russian metallurgical industry to sustainably overcome the slump, let alone to resume its development. The dwindling domestic demand has pushed up Russian metallurgy exports in physical terms, although they have signifi cantly declined in money terms.

Keywords: RUSSIAN METALLURGY; Russian Economy (search for similar items in EconPapers)
Date: 2016
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