Russia's Aluminium Product Manufacturers Have Nothing to Fear from Accession to the WTO, Assures Frost & Sullivan

Russia's Aluminium Product Manufacturers Have Nothing to Fear from Accession to the WTO, Assures Frost & Sullivan PR Newswire LONDON, Dec. 6, 2012 - Benefits will include access to a wider range of export opportunities LONDON, Dec. 6, 2012 /PRNewswire/ -- The application range for aluminium products is steadily expanding. To address changing end-user needs and survive intense competition, manufacturers are modernising their production facilities and broadening their product portfolios. In Russia, manufacturers have the added challenge of dealing with the country's accession to the World Trade Organisation (WTO). New analysis from Frost & Sullivan (http://www.industrialautomation.frost.com), Analysis of Russian Aluminium Products Market, finds that the market generated 858,000 tonnes in 2011 and estimates this to reach 1,144,000 tonnes in 2016. Two distinct categories – standardised and customised – comprise the Russian aluminium products market. "The market for massive, standardised production is currently dominated by the three largest producers, Alcoa Inc. (including CJSC Alcoa SMZ (Alcoa SMZ) and CJSC Alcoa Metallurg Rus (Alcoa MR)), OJSC Kamensk-Uralsky Metallurgical Plant (KUMZ) and Krasnoyarsk Metallurgical Plant Ltd. (KRAMZ)," noted Frost & Sullivan Industry Analyst Monika Fechner. "On the other hand, the market has numerous smaller, specialised companies that manufacture higher, value-added products such as aluminium profiles, siding, or roofing.