OREANDA-NEWS. On May 23, 2008 Denis Morozov, General Director and Chairman of the Management Board of MMC Norilsk Nickel, visited the People’s Republic of China as a member of delegation that accompanied Russian President Dmitry Medvedev on his first official trip to this country, reported the press-centre of Norilsk Nickel.

Denis Morozov participated in the official welcome ceremony for Russian President Dmitry Medvedev by PRC President Hu Jintao, in the meeting between Russian and Chinese Vice Premieres Alexander Zhukov and Wang Qishan at the National People’s Congress, in the session of Russian-Chinese Business Council, and in the official dinner on behalf of the President of China in honor of the President of Russia.

MMC Norilsk Nickel is a long-standing nickel supplier to the stainless steel producers of the People’s Republic of China. Sustained growth of the Chinese economy boosted demand for almost all Norilsk products and provided new possibilities for broader and stronger business contacts with Chinese enterprises.

Norilsk’s nickel export to the Chinese market reached about USD640 mln in 2007, and its further increase is expected in 2008. 

As was announced earlier, given the growing nickel demand on the part of Chinese consumers, MMC Norilsk Nickel decided to become a member of the Chinese Stainless Steel Association in 2008. In this way Norilsk Nickel will provide access to and clarify both its policy in the Chinese market and information about the Company and its products.