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The Union uses its integration potential to develop metallurgical industry

The Union uses its integration potential to develop metallurgical industry

In order to create favorable conditions for the development of industrial cooperation, the Eurasian Economic Commission (EEC) hosted the first Eurasian Metallurgical Conference organized by the industrial unit of the Commission.
“This is an opportunity to unite the industrial manufacturers of the five countries on a single platform and discuss current problems and prospects of the metallurgical enterprises’ cooperation within the territory of the EAEU, to share best practices in the development of technologies”, Alexander Subbotin noted in his welcoming speech.
As the Director of the EEC Industrial Policy Department Nikolay Kushnarev stressed, the meeting’s relevance was confirmed by top-ranked speakers, including heads of the largest metallurgical companies of Russia, Belarus, representatives of the authorized authorities and organizations of the parties as well as urgent concerns brought up by manufactures.
The situation in the sectors of the Eurasian Economic Union (EAEU) countries has been stabilized. In 2018, the metallurgical production in the EAEU increased by 2%. Metallurgy is successfully developing in Belarus, Kazakhstan, Kyrgyzstan and Russia: the production increases by 7%, 2.2%, 4.4%, and 1.7%, accordingly.
“The metallurgical industry demonstrates positive trends. We, the Commission and the Union countries should continue our cooperation”, – noted the Member of the Board - Minister in charge of Industry and Agricultural Sector of the EEC Alexander Subbotin.
The EEC representatives believe that the industry has significant cooperative, scientific and technical and export potential. It affects a number of related economically important industrial sectors which increases the opportunities for cooperation between manufactures and consumers within the Union.
The EAEU has already examples of successful bilateral and multilateral cooperation. Tigran Harutyunyan, Deputy Director of Industrial Policy Department of the EEC, told about them: “Manufacturers of Russia and Kazakhstan cooperate in the production of high-pressure threaded junctions for the oil and gas industry, Russia, Kazakhstan and Kyrgyzstan – ferrous-based alloys, Kazakhstan, Belarus and Armenia with Russia – metal products of high processing stage”.
Tigran Harutyunyan noted the deepening of cooperation in nonferrous metal industry, which stimulates the demand for aluminum products within the EAEU, develops cooperation in the production of copper products, in particular, copper cathode and copper cathodes as one of major focus areas.
The Eurasian technological platform “Technologies of Metallurgy and New Materials” was formed by the Commission in the sphere of scientific, technical and innovative cooperation. One of its focus areas is cooperative creation of technologies for the production of complex ferroalloys and other innovative technologies in metallurgy.
Tripartite cooperation has been initiated in the production of the Eurasian energy-efficient transformers made of highly permeable electrical-sheet steel.
The business community representatives raised pressing issues of the industry regarding the need to stimulate demand for metallurgical products consumed by allied industries, problems of excess capacity in the iron and steel industry, counterfeit problems in the pipe industry as well as the aluminum market situation.
The conference attendees offered specific solutions to the industry development problems which formed the basis for the conference resolution.
“I hope that this conference will become a traditional industry event with the discussion and search for solutions to the most pressing issues and problems of the industry development within the framework of the Eurasian Economic Union”, Tigran Harutyunyan summed up.
For reference
The conference was attended by the representatives of competent authorities of the Republic of Armenia, the Republic of Belarus, the Kyrgyz Republic, Heads of the largest metallurgical companies and industry associations of the EAEU: “Beltsvetmet”, OJSC, “BMZ – Holding Management Company “BMK”, OJSC (Republic of Belarus), “ArselorMittalTermitau”, JSC (Republic of Kazakhstan), the Association of Ferrous Metallurgy Enterprises “Russian Steel”, Pipe Industry Foundation, the Aluminum Association, United Company RUSAL, enterprises of ferrous metallurgy “Mechel”, PJSC, “Chelyabinsk Pipe Plant”, PJSC, “TMK”, PJSC, Managing Company “METALLOINVEST”, LLC (Russian Federation), representatives of the Russian Union of Industrialists and Entrepreneurs (RSPP).
The conference is devoted to the problematic issues of the metallurgical industry development and their practical solutions using the EAEU potential in 2019-2020.