April 15, 2019 at the site of the Eurasian Economic Commission (EEC) chaired by a member of the Board (Minister) for Industry and Agroindustrial Complex of the EEC A.M. Subbotin hosted the first industry conference in the metallurgical industry "Eurasian cooperation in high-value metallurgy: innovation, cooperation, sales markets" (Conference) dedicated to the development of integration in the metallurgical sector of the Eurasian Economic Union (EAEU).
participation of representatives of federal executive authorities of the EAEU member states, manufacturers of metallurgical products (including from the Russian Federation: PJSC TMK, PJSC ChTPZ, etc.), industry associations (Association Russian Steel, industry, Association "Prommetiz", etc.) and the Russian Union of Industrialists and Entrepreneurs.
One of the main emphasis was placed on the use of competitive advantages created by the new integration environment of the EAEU to address issues of strengthening the competitiveness of metallurgical enterprises of the Union.
Within the framework of the conference, the Executive Director of the Russian Steel Association Alexey Sentyurin made a presentation, the key topic of which is the intensification of cooperation and cooperation of enterprises-states of the EAEU, taking into account the ongoing changes in global markets.
“In the context of the policy of protectionism and the closure of export markets, incl. for Russian producers of steel products, a new impetus is needed for the domestic consumption of high value added products in the Eurasian Economic Union. This is achieved, among other things, by the synchronous action of economic incentive instruments that do not contradict the WTO rules " - Alexey Sentyurin noted.
Continuing this topic, the participants raised the issue of the need to address the problem of an oversupply of global steelmaking capacities. The Russian Federation takes an active part in the work of the Global Forum on excess steelmaking capacity (Forum). The Forum participants develop and implement measures aimed at limiting the growth and reduction of steelmaking capacities, in particular, refusal of states to provide support measures to inefficient metallurgical companies, which in turn leads to distortion of market conditions and disruption of free competition in the steel market. It was proposed to extend similar principles to the sectoral policy in the field of metallurgy in the EAEU space.
These and other proposals of the participants, voiced during the event, formed the basis of the conference resolution.
The presentation of the Russian Steel Association can be found at link <<> press release
