The Russian steel producing and mining company
Evraz Group estimates at 2.5-3 million mt the amount of steel products required for the
construction of infrastructure for the FIFA World Cup 2018 in
Russia.
In particular, steel products will be required for the
construction of 13 new stadiums and for the reconstruction of three existing stadiums, as well as for the
construction of hotels and infrastructure.
Russia's
investments in preparation for the World Cup 2018 will amount to $50 billion, including $3.82 billion for the
construction of stadiums and $11 billion for infrastructure projects. As one of the leading Russian producers of
construction steel,
Evraz will be one of the main suppliers for these projects.
Other important
construction projects in
Russia are for the 2014 Winter Olympics in Sochi (for which
Evraz is to ship about eight percent of it
construction steel products sales in
Russia), the Akademgorodok (Academic City) in Yekaterinburg, the space center in
Russia's Far East and the Moscow-St. Petersburg high-speed railway.
As SteelOrbis previously reported, in 2010
Evraz produced about 4.94 million mt of
construction steel products - up 15.3 percent year on year, of which 3.82 million mt were produced in
Russia - up 11 percent compared to 2009.