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Representatives of the Russian Federation and the Russian Steel Association took part in the regular meeting of the OECD Steel Committee in Paris

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Representatives of the Russian Federation and the Russian Steel Association took part in the regular meeting of the OECD Steel Committee in Paris

March 25-26, 2019 in France in Paris A regular meeting of the OECD Steel Committee took place.

Dmitry Kolomytsyn, a member of the Association's Information and Analytical Work Commission, Director of Investor Relations and Capital Markets, NLMK Group, took part on behalf of the Russian Steel Association.

The delegation was represented by state authorities: Elena Stoyanova - Deputy Director of the Department of Europe, North America and International Organizations of the Ministry of Economic Development of Russia and Valery Ogarkov - Adviser of the Department of Metallurgy and Materials of the Ministry of Industry and Trade of Russia.

Dmitry Kolomytsyn presented a report on the current situation and prospects for the development of ferrous metallurgy in Russia. During the speech, the emphasis was made on the positive dynamics of steel consumption in Russia over the past few months, while exports declined. Dmitry Kolomytsyn provided information on the structure of Russian exports, more than 70% of which are semi-finished products and hot-rolled steel, which are used by importers mainly for further processing. The report also mentioned infrastructure projects that should support domestic demand for steel in the next five years.

The presentation of the Russian Steel Association can be found at The Russian Steel Association of Ferrous Metallurgy Enterprises unites the largest producers of metallurgical products in Russia. The Association was founded in 2001 by the leading metallurgical companies of Russia to coordinate efforts to protect the interests of Russian metallurgists and to implement joint projects that are not of a commercial nature. The companies belonging to the Association produce 98% of Russian pig iron, about 90% of steel and Russian rolled stock, about 60% of pipes, as well as a significant share of raw materials for the metallurgical industry.

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