Ekaterina Golovanova, the head of marketing & sales at steelmaker Severstal predicted that Russia's steel consumption would stay on the upward trend in the medium term.
It's expected that Russia's steel consumption would grow by 34% by 2016 and surge by up to 65% by 2021.
In addition, Golovanova said that the rise will be seen in all steel products, including coated steel, flat and long products, pipes and profiles.