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KUZOTSM summed up the first half

Kamensk-plant processing non-ferrous metals located in the Sverdlovsk region. The plant’s management announced the results of the company for the first half of 2016. During this period, he developed KUZOTSM 9400 tons. This figure is 1% higher than the result of last year’s similar period. Rolled non-ferrous metal has reached 8400 tons. Compared to the previous growth rate was 6.8%. The plant has developed 2,000 tons of rolled copper, 5200 tons of rolled steel, brass, bronze 981 tonnes of rolled products. It produced a total of 110 tonnes of rolled nickel, zinc, copper and nickel. Powder and powder, the company produced 1 million tons. In monetary terms, the volume of sales amounted to about 3.2 billion. RUB. The greatest demand is observed on bronze rental. It sold 911 tons. Regarding the first six months of last year grew by 18%. In general, the sales structure the share of the rental has risen to 10%. Prior to this indicator was equal to 8%.

Meanwhile, analysts expect that the world copper market will be in the midst of a «perfect storm.» Goldman Sachs Bank Experts say reducing the cost of copper. In the next 12 months, the cost of metal to fall to 4000 USD / ton. Analysts are enough good reasons for such statements. Extraction of copper raw materials is growing, demand is slowing. Reduced costs and manufacturing companies. Experts expect that the London Stock Exchange prices will fall by 17%. Last month, Barclays analysts did its own forecast. They suggest that by 2020 the demand for copper is below its proposals. Earlier the head of Freeport-McMoRan Sales said excessively rapid production of honey. The demand from China is slowing. Analysts at Goldman Sachs believe that before 2017 shipments of copper concentrate will expand. The main flow will be in Chile, Zambia, Indonesia and Peru. Will be actively involved mines Grasberg, Escondida, Sentinel, Las Bambas, Cerro Verde.

Meanwhile, exports of Russian copper is reduced. For six months the volume of overseas shipments fell 13.7%. Their number has reached 244,600 tons. These data provided the Federal Customs Service. In monetary terms, copper sales abroad decreased by 32.7%. It amounted to 1.127 billion. USD.

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