The owner of one of the largest steel companies in Russia is convinced of this.
The owner of the NLMK group – one of the four largest metallurgical of Russian companies – Vladimir Lisin said that Russian metallurgists will lose world markets if they introduce a calculation in rubles for goods for export. This was reported by the Russian media.
Earlier, the Russian president signed a decree on the need to pay for Russian gas in rubles. Later, the speaker of the State Duma of Russia Vyacheslav Volodin said that the list of goods for export for which it is worth paying in rubles, should be expanded: for example, to include oil, metals, grain, coal and fertilizers. Putin's spokesman Dmitry Peskov immediately replied that, we quote, “the proposal deserves to be worked out.”
However, the head of NLMK says that for decades Russia has been fighting for export markets in 70 countries. It is difficult to imagine that global buyers will agree to the ruble and the associated currency risks: “Switching to payment in rubles will simply throw us out of international markets.”
Russia already has problems with logistics and transportation of its goods through sanctions. And the government's actions to support domestic demand are more local initiatives than really useful for business.
Lisin also mentioned state control over the prices of metallurgical products. He believes that the abandonment of market prices will lead to the cessation of production.
“We see, for example, that in recent weeks, suppliers of materials, equipment and spare parts have raised prices many times over. Read also: Russians may not be happy with the strengthening of the ruble, because sanctions will increase – German Ambassador
Earlier, Dmitry Peskov admitted that the Kremlin did not expect such sanctions from the West and stated that Europeans have an “extra chromosome” regarding “mutually beneficial coexistence with Russia.”
See the special topic: Things are moving in the right direction: most Ukrainians believe in victory This view is held in all regions . Kuleba spoke about how an embargo on Russian energy could affect the course of the war This is the only way to protect Ukrainians from the “new Buch”. Briefing of Russian soldiers who voluntarily joined Ukraine: online We are talking about members of the Legion of Freedom of Russia. “Bucha is only the beginning of the truth”: Podoliak addressed Europe, “which is still afraid” Kyiv authorities immediately warned that there are settlements where the situation can be even worse. Meta explained the blocking of hashtags related to the Bucha killings The company says the automated system worked.
