Russian Automobile Sector Set to Drive Steel Demand in the Country
According to our research report “Russian Steel Industry Analysis”, Russian automobile sector accounts for significant share in the overall steel consumption in the country. However, the sector have declined in 2009 resulting severe fall in automobile production. However, with the federal government support to revitalize the industry growth, it is expected that the automobile industry growth will be back on track during 2011 itself. Moreover, with rapid growth in the automobile sector, the share of steel consumption is expected to...
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