News

31 December 2015

Happy New Year 2016 !!!

A few more days - and the old year 2015 will collapse into oblivion. The New Year 2016 will come, knock on doors, bringing with it new events, hopes and opportunities. It is a holiday for all. A holiday, when close people gather at a solemn table to spend the last year and under the battle of hours to greet the New Year. These are concerts and solemn congratulations, matinees and Christmas trees for the younger generation. Adults are waiting for parties and corporate events. At this point, you should forget about the problems, make a wish and hope for its fulfillment. However, it will not hurt to sum up the results of the outgoing year, give an assessment of the results obtained. And consider plans for the future.

I must say that the outgoing year was quite difficult for everyone. And the metallurgical region, like other manufacturing sectors, saw both falls and ups. Metallurgists survived both the crisis and the fall in the value of production against the backdrop of a weakened demand. There were sanctions and anti-dumping investigations. In attempts to maintain stability and strengthen the domestic market, anti-dumping and countervailing duties were imposed.

2016 does not promise to be easy, the problems observed this year will have to be addressed in the coming year. The cost of iron ore in the metallurgical sector will continue to decline. However, the leaders-producers will stay afloat, counting on the low cost of their own raw materials. In addition, companies such as Vale, Rio Tinto, BHP Billiton can count on growing demand from emerging markets.

Basic non-ferrous metals in 2015 also had a hard time. The cost of nickel, copper and zinc sharply decreased. But in 2016 experts are betting on these metals, considering them the favorites of the metallurgical non-ferrous sector. Given the instability of the market and constant fluctuations, it is impossible to give a 100% accurate forecast. There are and will be adjustments, depending on the circumstances. However, companies get rid of non-core assets, reduce production, raising metal prices. So it is possible to hope for the best.

It remains to congratulate everyone on the coming holiday, to wish you health, success and prosperity. Let the New Year bring us all luck and courage, new opportunities and prospects.

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