75,09 $/bar. 102,58 $/rub. 107,43 €/rub. Ni cash 15610 $/tn Ni 3 months. 15880 $/tn LME Ni 159000 tn Ni average 15726 $/tn Charge Cr 1,52 $/lb

In the aftermath of the Russian-Asian Stainless Steel Forum

SPETSSTAL ASSOCIATION in conjunction with China Stainless Steel Council and Indian Stainless Steel Development Association has held the RUSSIAN-ASIAN STAINLESS STEEL FORUM, a long-awaited event on the Russian stainless steel market, on 3-4 June 2008 in the Marriott Royal Aurora Hotel Moscow, Petrovsky Conference Hall.

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This Forum is a “must-attend” for anyone involved in or planning to be involved in the stainless steel business in Russia.

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Agenda:

• Asia’s flag-bearing role in the development of the world’s stainless steel market
• Prospects for growth of stainless steel consumption in Russia
• Stainless steel imports to Russia and the share of Asian companies
• Asia’s stainless steel exporting potential
• New stainless steel exporters to Russia
• Investment opportunities in Russia
• Prospects for the enhancement of cooperation between Russia and Asia.

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Background:

In 2007 the consumption of stainless steel in Russia grew 7.5% to over 300,000 tons, while imports of stainless steel rose 7.2% to 170,000 tons. The major share of imports came from South-Asian region, where the leaders were China, Taiwan, Korea and Japan. It is expected that in the nearest future stainless steel demand in Russia will double thanks to the on-going execution of nation-wide, state-initiated projects of redevelopment of the industrial sectors such as: the machinery construction sector, power engineering, atomics, oil-and-gas production, and necessary improvements in the social infrastructure.

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Photo report:

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Spetsstal Association is certain that the expansion of cooperation between Russian and Asian companies will encourage the further growth of stainless steel supplies to the Russian market.

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You are welcome to order the Forum"s proceedings comprising presentations, audio recordings (with simultaneous interpretation in English and Chinese), delegate list with contacts and Russian stainless steel market analysis. The price of package is 490EURO including express mail delivery. Kindly contact Samir Ilmark at  +7 495 747 5995  or via email ilmark@ussa.su.

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