The domestic market of Russia remains important for Norilsk Nickel

The domestic market remains important for MMC Norilsk Nickel",said Victor Sprogis, Deputy Director General, Norilsk Nickel during the VII Krasnoyarsk Economic Forum.

"Russian market still remains a top priority to us in the entire product range. The copper consumption in Russia is quite high: up to 20-25% of the total company's production. Sales of nickel depend on the stainless steel production. It is still relatively small. Nevertheless, the market is stable. Volumes of consumption in Russia in the near future will depend on the dynamics of industrial production", said Victor Sprogis.

According to V. Sprogis, Europe is still the main sales market to Norilsk Nickel due to geographical location. Nevertheless, the company sells it's metals in the U.S. and Asian markets taking it as one of priorities. In particular, in China, sales rose duoble from 30 to 60 thousand tons.