Russia intends to manufacture aluminium wheels, Minister for Industry and Trade says

Russia's Minister for Industry and Trade Denis Manturov said in an interview to TASS, that they are interested in the production of aluminium wheels in Russia. The Ministry of Industry plans an initiative of compulsory certification of imported aluminium wheels in order to restrict supplies of counterfeit wheels to the Russian market.

Russia exports substantial amount of aluminium due to the weak demand of the same in the domestic industry while it continues to import aluminium products such as automotive wheels in bulk volume.

The government will support aluminium powder production for automotive wheels printing on 3D printers. Manturov said, "We will develop production of aluminium powders near aluminium giants. We will focus on supporting companies creating the added value in the first instance.”

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The minister further added that the 3D printing technologies can now be used to make wheel that requires the production of wide range of powders for printers.

Total aluminium exports by Russia increased both in volume and value during the first quarter of 2017, showed data released by The General Customs of Russia. Aluminium ingot exports (alloyed as well as non-alloyed) grew from 852,300 tonnes in the first quarter of 2016 to 859,400 tonnes in first quarter of 2017, up 0.83 per cent year-on-year.