There were 4,300 registered enterprises in the basic metals segment and 41,000 in the metal products segment as of end-2017, according to data from the Russian statistics office. Nevertheless, the Russian metal processing sector is highly consolidated, with a few companies responsible for most of the country’s metal production. Since 2014, many companies have restructured their businesses by selling ineffective assets and by investing in more efficient and profitable technologies. M&A activity has also increased: in 2016 there were just eight M&A and equity capital market (ECM) deals in the sector worth some USD 296mn, but in 2017 their number increased to 26, valued at USD 5bn.

01 EXECUTIVE SUMMARY 

02 SECTOR IN FOCUS

03 COMPETITIVE LANDSCAPE 

04 COMPANIES IN FOCUS

05 REGULATORY ENVIRONMENT 

06 IRON AND STEEL

07 NON-FERROUS METALS