Metallurgy news

Russia remains key aluminum supplier to South Korea

According to an analysis by RIA Novosti based on data from South Korean customs, Russia retained its position as the leading supplier of aluminum to South Korea in February, marking the fifth consecutive month of dominance. This trend was last observed in 2012. At the end of winter, South Korea imported 37.6 thousand tons of raw aluminum from Russia, totaling $105.5 million in value. Year-over-year, supply volumes surged by nearly 40% in physical terms and 1.7 times in monetary terms. Thus, ...
25 March 2025., 09:58   comment

Nornickel plans to launch joint venture for copper mining

On the sidelines of the Russian Union of Industrialists and Entrepreneurs Congress held in Moscow last week, Nornickel’s President Vladimir Potanin informed journalists that agreements with Chinese partners to establish a joint venture for copper mining are expected to be finalized shortly. Mr. Potanin noted that the process is underway, but discussing details would be premature. The company has secured government support for its strategic development concept, which includes cooperation with ...
25 March 2025., 09:44   comment

RUSAL pioneers an eco-friendly petroleum pitch in aluminum production

For the first time in the industry’s history, RUSAL is transitioning its aluminum production to industrial-scale use of anodes made with eco-friendly petroleum pitch. Globally, aluminum production has traditionally relied on coal tar pitch for anodes, and the large-scale use of petroleum pitch—which significantly reduces harmful emissions—was previously deemed unfeasible. RUSAL has invested approximately 100 million rubles in research and development of this innovative petroleum pitch. The entire ...
24 March 2025., 14:00   comment

OMK has implemented AI-based service for scrap metal quality control

The United Metallurgical Company (OMK) has introduced a digital service at its Vyksa Metallurgical Works, powered by machine vision and neural networks, to automatically determine the type, quality, and purity of steel scrap delivered to the facility. The system is operational in integrated casting and rolling facility, where scrap metal is processed for steel smelting. Industrial cameras installed in the workshops continuously photograph and record incoming raw materials, transmitting data ...
24 March 2025., 13:21   comment

Russian Railways (RZD): Loading of metallurgical raw materials for export Increased by 9.6% in January-February

Metallurgical raw materials loading for export via the RZD network increased by 9.6%, according to an official announcement on RZD’s Telegram channel. "In January-February 2025, 2.5 million tons were loaded. This includes 2.3 million tons of iron ore (+9%) and 155.7 thousand tons (+18.6%) of scrap metal," the statement noted. In the eastern direction, 1.3 million tons (+12.4%) of metallurgical raw materials were shipped for export, while 656 thousand tons (+8%) were transported westward and ...
24 March 2025., 10:50   comment

Russia has potential for zinc consumption

Vladislav Polkin, CEO of the National Coordination Center for Zinc Development (NKC), spoke at the 20th International Conference " Galvanized and Coated Steel: Production and Consumption Trends ," organized by the “Metal Supply and Sales” Magazine, about trends in the global and Russian zinc markets. The speaker noted a positive trend in the global economy, including in Russia, where economic indicators for the past year appear quite successful. Globally, the end-use consumption of zinc is distributed ...
24 March 2025., 10:26   comment

Artificial intelligence in metal processing

Metall Profil, one of the largest processors of coated steel in Russia and Central Asia, is integrating artificial intelligence (AI) into its operations. Maxim Lopatin, Marketing Director of Metall Profil, shared insights on the company’s AI applications during the conference “ Galvanized and pre-painted products: Production and Consumption Trends ,” held in Moscow on March 20 and attended by over 200 industry professionals. According to Mr. Lopatin, AI fundamentally involves: “recognition, ...
21 March 2025., 14:01   comment

Nornickel and Krastsvetmet have presented glass feeders with palladium to Chinese fiber glass producers

Nornickel is the world’s largest palladium supplier, and Krastsvetmet, is one of the world’s leading producers of precious metals and related products, showcased a new glass feeders technology with palladium alloy in Shanghai. This innovation is expected to significantly reduce ownership and maintenance costs for fiberglass producers. The presentation supported by the China Precious Metals Industry Committee (CPMIC), brought together key industry players, including the China Forging Industry ...
21 March 2025., 13:24   comment

Presentation of Samarkand Metallurgiya Zavodi in Moscow

Over 200 delegates gathered today in Moscow for the 20th International Conference " Galvanized and pre-painted products: Production and Consumption Trends ", organized by the "Metal Supply & Sales" Magazine. The event included over 20 executives and specialists from the MMK Group, a similar delegation from Severstal, and a large delegation from the NLMK Group. Other producers of galvanized and pre-painted products were represented, alongside leading processors, manufacturers of end products, ...
20 March 2025., 15:50   comment

Sales mission of “Moskabel Plant” in Azerbaijan

“Moskabel Plant” has participated in sales mission in Baku – the capital of the Republic of Azerbaijan. The aim of the event was an enhancement of business cooperation and promotion of Russian production on the foreign market. The event has gathered Moscow major companies from the various sectors of the economy. Sales mission has become significant platform for strengthening of trade and economic relations between Russia and Azerbaijan. The country is chosen for its strategic location, developing ...
20 March 2025., 14:14   comment

Everything is expensive, only prices are low. The Russian market for sheet metal and welded pipes: March 13–20

The problem of non-payments is escalating on the Russian market. Even large state-owned companies are failing to meet their obligations. This is increasingly reducing business activity and negatively affecting the level of demand for steel products. On the spot market for hot-rolled and cold-rolled steel, there are noticeable trends toward a slow decline. However, significant changes in monetary policy in the near future are unlikely, so the market situation is expected to remain unchanged. ...
20 March 2025., 10:54   comment

Technological support is needed for the development of rare earth metal deposits

"Most rare earth metal (REM) deposits in Russia are understudied, and their development could benefit from technological support from foreign partners," said Vladimir Potanin, Head of Nornickel, in a statement to journalists. "I believe that since these projects are complex, technological support from various partners would be beneficial," He replied to the questions about the cooperation with foreign partners in the development of these resources. Russian Federation plans to reduce its reliance ...
20 March 2025., 10:03   comment

Nornickel has become the leader of mining and metallurgical industries according to RAEX rating agency

The RAEX rating agency has published the ESG ranking, based on data analysis of 144 companies for the end of 2024. Nornickel has become the leader of mining and metallurgical industries. ESG-ranking assesses an efficiency of implementation and adherence to green practices development. Leader in the environmentally friendly practices Nornickel earned 81,5 points (the industry average is — 59,25, upon ranking— 33,52). Leading positions have provided: Efficient management of environmental risks; ...
19 March 2025., 10:00   comment

Minus thirty degrees in the Russian market of long products: 10th-17th of March

Meteorologists are predicting a rise in temperature but the market of rolled metal products for building purpose, quite opposite, is frozen. Some metal trading companies forecasting a decrease of demand for the rebar decrease of an apparent demand on 30 percents, compared to last year’s figures. Players on the market inform that the sales on January-February period were better than they were in March. At the same time, strangely enough, the spring revival is present, deals are done, just rarely ...
19 March 2025., 09:36   comment

March issue of “Metal Supply and Sales” Magazine has been released

“Metallurgists and traders are adapting to a complex situation in both domestic and foreign markets”: with such a headline on the front cover the March issue of Metal Supply and Sales has been published. Participants of the Galvanized and Pre-Painted Products Conference (20-21st of March, Moscow) will be one of the first to watch it. The new issue opens with an editorial about the problems of excess capacity in the domestic and global steel markets. The issue also addresses to possibilities ...
18 March 2025., 15:43   comment

The market has shifted towards the growth

Analytical service of Sales magazine Metal Supply and Sales keep on publishing a MCC-TM index (Temperature of the market). The value of index is defined by expert surveys on weekly basis. According to the expert assessments, The Russian steel market has undergone a qualitative change. For the first time since June last year, the total index exceeded 50 points, which separates the observed growth from the decline. A week ago, this level exceeded the expected index, which continued to rise. However, ...
18 March 2025., 12:08   comment

An International and Russian stainless and special steels market will be discussed at a conference in April

Nowadays the stainless and specialty steels market in Russian Federation keeps developing rapidly. The demand for products is growing, which is due to an active consumption In the machinery, military, chemical, food industries, as well as in the machine tool industry and instrumentation. At the same time domestical manufacturers cannot cover demands from the internal market in the full extent, that is why there is still a substantional stake of imported products. Registration for the 11-th Stainless ...
17 March 2025., 15:40   comment

Rusal announces results for the year ended 31 December 2024

RUSAL is a leading company in the global aluminium industry and the world’s largest producer of low-carbon aluminium. The Company has its own resource base and carries out the entire production cycle, from extraction of bauxite to the production of high value-added products, which ensures maximum control over product quality at all processing stages. A leading global aluminium producer, announces its results for the year ended 31 December 2024.
17 March 2025., 12:56   comment

RUSAL launches production of rare-earth metal scandium

RUSAL, one of the world's largest aluminium producers, is setting up a pilot production facility for scandium oxide with an annual capacity of 1.5 tonnes. Scandium is a valuable rare earth metal, and RUSAL was the first in the world to develop and implement aluminium-scandium alloys. These alloys are used in the production of ultra-lightweight components for civil shipbuilding, railway car manufacturing, and 3D printing of high-tech prosthetics. The total global production of scandium oxide ...
03 March 2025., 13:00   comment

Metalloinvest placed a two-year bond denominated in Yuan at the lowest coupon rate of any comparable issue

Metalloinvest a leading global producer and supplier of HBI and iron ore products, and a regional producer of high quality steel, announces the closing of the order book for the placement of Series 001P-12 exchange-traded bonds by open subscription for a total amount of RMB 1.5 billion. The bookbuilding results set the final coupon at 10.20%, a reduction of 50 basis points from the level at the opening of the order book. To meet the strong demand from the investment community, the issue size ...
03 March 2025., 11:50   comment