Российская металлургия: ослабление рубля уже недостаточно
The current change in expectaƟ ons concerning the prospects of global economy development is refl ected in weakening demand for metallurgy products, primarily in China. InternaƟ onal and Russian domesƟ c producer prices for the major types of metal goods conƟ nue to decline. The rouble weakness no longer suffi ces for the Russian metallurgical industry to sustainably overcome the slump, let alone to resume its development. The dwindling domesƟ c demand has pushed up Russian metallurgy exports in physical terms, although they have signifi cantly declined in money terms.