This is facilitated by high prices in the world’s market of non -ferrous metals. Russian companies engaged in activities related to non -ferrous metals have reached high indicators of income received by these enterprises. Adapted in the existing difficult conditions of the economy of our time, they adapted their financial turnover, both in the Russian Federation and in the territory of other states.
These enterprises operating on corporate plans developed in Western countries have adopted international standards that reflect financial statements. It was thanks to this step that Russian companies achieved high results in their activities, avoiding absorption, which was performed at domestic enterprises in other industries.
The Torilsk Nickel company received a control package of shares from SWC (Stillwater Mining Company), which is a monopolist in the field of non -ferrous metals processing. According to the American company, and the whole world, the deal was relatively inexpensive. Its cost is estimated at 340 million. US dollars, for which Russia was contributed by a valuable metal – Palladium. Negotiations regarding this transaction, despite its low cost, were conducted at the highest level. They were attended by the President of the Russian Federation in. AT. Putin and at that time the President of the United States of America George Bush. Such meetings were not held even when negotiations were held on oil business issues.
The volume of production of non -ferrous metallurgy is 9% of the entire industry of Russia, and its indicators are constantly growing. In 2003, the processing of colored scrap increased by 6.2% compared to 2002, which made up the profit of enterprises engaged in the reception and processing of scrap metal, about 98 billion. rubles (in 2002 – 57.4 billion. rubles). The activities of enterprises related to metallurgy are associated with the processing of non -ferrous metals such as tin, aluminum, nickel, copper.
Several enterprises are engaged in non -ferrous metals processing. Industrial groups of enterprises such as Rusal and SUAL, which are leaders of the Russian market, are engaged in the processing of aluminum scrap. The processing of color scrap and the production of titanium is the enterprise “VSMPO Avisma”. In the processing of nickel, the leading position is occupied by Norilsk Nickel. His partner in the processing of scrap copper is the UMMC.
Most of the production of non -ferrous metallurgy, and this is about 80%, is exported abroad, since in the domestic market low demand for it. The conjuncture of the world market provides non -ferrous metallurgy with the development and growth of profit. So in 2005, the price of nickel increased by 40%, copper – by 14%. During 2006, the level of profit from metallurgy reached the highest indicators in the entire history of non -ferrous metals, which significantly replenished the state treasury.
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