An enlarged meeting of the Business Russia Committee on Metallurgy was held in Moscow

Business Russia is an All-Russia Public Organization which represents the interests of private non-resource businesses – local industry leaders. The organization was founded in 2001 and unites more than 7 thousand entrepreneurs and more than 400 deputies of federal and regional parliaments in Russia. The total number of employees at the enterprises of Business Russia is about 3 million people and the total annual revenue of companies owned or headed by Business Russia members is estimated at 2.8 trillion rubles. Business Russia is represented in all 85 regions of the Russian Federation.

Moscow hosted an extended meeting of the Business Russia Committee on Metallurgy “How Russian Industry can remain global: innovations, support measures, international projects” headed by Ivan Demchenko, Chairman of the Committee, member of the Business Russia Council and shareholder of Novostal-M. The participants discussed the industry's development prospects.

Oleg Tyurpenko, co-chairman of the committee, suggested introducing additional regulation of the domestic scrap industry, including not increasing quotas for ferrous scrap exports. This measure would support the development of the Russian economy and allow metallurgists to increase their capacity.

Oleg Maslennikov, an expert of the Metallurgy Committee of Business Russia, reported on new approaches to the organization of export logistics of steel products. According to him, in order to cover the markets of South America, the Caribbean, Southeast Asia and Africa, it is necessary to create a regular container line with direct ship calls - from Novorossiysk to Cuba, Venezuela, South Africa, India and Senegal.

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