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#2' 2006
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TO REMAIN COMPETITIVE RUSSIA SHOULD ENHANCE DOMESTIC STEEL DEMAND
Sergei Nosov shares his opinion about the reforms in the Russian steel industry and makes an expert forecast for the sector development in the forthcoming decade. Our interlocutor is a member of the famous family, which forefather Grigory Nosov was the Director of the first Soviet iron-and-steel facilities, such as Kuznetsk Iron & Steel and Magnitogorsk Iron & Steel Works. Sergei Nosov is his grandson, who got his hands-on experience in Magnitogorsk and later was the Director of Nizhni Tagil Iron & Steel Works, Vice-President of EvrazHolding, Managing Director of the Iron & Steel Integrated Works of this Company. Thus introducing our expert we believe that his opinion will be taken as an unbiased and relevant estimate.


    EM: What can you tell us about the results of technological, production and structural reforms in the Russian steel industry carried out after 1991? What are the advantages and shortcomings of the today’s steel industry as compared to that of the Soviet era?
    – It is not quite correct to compare the Soviet and today’s industries, as they belong to different economic systems and different epochs. However, if we agree with this reservation, I think, «the pre-reform» steel industry, strange though it may seem, was more advantageous in many respects, i.e., in terms of total output, qualitative characteristics, output per man, costs per tonne of the product output. Today, one can note the dramatic...

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