News. Russian ferrous metallurgy news
Asian and the Caucasus steel markets to be discussed in Tashkent
Registration of participants for the 5th International Conference “ Iron & Steel Market of Central Asia and the Caucasus ” (24-25 th of April, Tashkent) is going. The conference has become as the largest and the most representative event in the markets of iron and steel industry and rolling products in Central Asia and the Caucasus. In 2025, the business program will include a review of current trends and pricing environment, analysis of new investment projects, a review of demand drivers, presentations ...
04 September 2025., 12:13
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Electrometallurgical plant in Mariupol is planned to be built in two years
A new electrometallurgical plant will be constructed in Mariupol over the next two years, providing jobs for over 2,000 people, according to the city’s mayor, Oleg Morgun. The plant, with an estimated investment of 30 billion rubles, was announced by Mr. Morgun on the sidelines of the Integration-2025 forum in Rostov-on-Don, as reported by TASS. "Behind the Ilyich Iron and Steel Works, construction of a new metallurgical plant is underway. It is progressing at such an accelerated pace that it ...
04 September 2025., 11:20
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Rosatom’s machine building division begins producing reactor vessel for Paks II Unit 6
Metallurgists at AEM-Spetsstal (part of Rosatom’s Machine Building Division) have started forging a batch of blanks weighing around 600 tons, which will be used to produce components of the reactor vessel for Unit 6 of Hungary’s Paks II Nuclear Power Plant. The second phase of the plant is being built using the latest Russian design. The forging process took place in the presence of representatives of the foreign customer. “The Paks II Nuclear Power Plant project is the largest nuclear investment ...
04 September 2025., 10:02
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Accumulated economic impact of robotics at MMK reaches 730 million Rubles
Over six years, the MMK Group has automated approximately 300 business processes. Mikhail Verisov, Director of the "Next" center for robotic technologies (the RPA solutions integrator at MMK), shared insights into the group’s successful robotics experience during a specialized conference in Moscow. In a presentation titled “Why our robots work and yours don’t?”, mr. Verisov highlighted the achievements of Next, a company with over 70 specialists ensuring 24/7 operation of RPA systems. “Robotic ...
04 August 2025., 11:24
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Severstal Steel Solutions' steel structures gets the green light in Belarus
Severstal Steel Solutions Group of Companies has confirmed that its products meet the requirements of the construction market in the Republic of Belarus. Solutions based on cold-formed galvanized profiles have received a certificate confirming their safety. The certification process included comprehensive testing, analysis of the production, and audits of technological processes. A key stage involved testing product samples in accredited laboratories of the BelNIIs Institute. Severstal Steel ...
04 August 2025., 10:11
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Steel prices attempt to catch up with rising costs
The analytical service of Sales magazine “Metal Supply and Sales” continues its publication of the MCC-TP Index (Market Temperature Index). The index value is determined through weekly expert surveys. In early April, nearly all experts noted rising prices for steel products. While the situation in the hot-rolled steel sector had previously been characterized negatively, the survey results for the past week indicate stabilization, with a forecast of slow price growth for this product going forward. ...
04 August 2025., 09:36
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Export prices for Russian square billets have grown
In March 2025, square billet quotations from Russia’s Black Sea region increased by $14/mt, reaching $444/mt FOB. At the start of the month, the price growth for Russian square billets was supported by positive sentiment in global markets: Turkey saw rising scrap prices, while China experienced growth in finished product futures amid expectations of reduced steel production. However, in the second half of March, buyer demand weakened due to a lack of support from finished product markets. For ...
04 July 2025., 11:17
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Access for Russian cast iron to the EU market may be restored
The European Commission (EC) is considering temporarily expanding access to the European market for certain types of Russian-made cast iron products. This applies to high-demand items such as cast iron drainage pipes, manhole covers, and plumbing fixtures. The measure aims to protect local consumers from price increases caused by U.S. import duties. The temporary authorization is expected to last 12 months, until April 1, 2026. It is worth recalling that starting in 2026, the EU will suspend ...
04 July 2025., 10:47
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Severstal is increasing the share of new products in its sales portfolio and improving their efficiency
Severstal continues to increase the share of new products in its sales portfolio by developing innovative steels and solutions for customers in key industries in Russia. Severstal's innovations for infrastructure projects and the construction segment include Grani Pro, a multifaceted trough profile sheet, which is a Russian alternative to the traditional Larsen sheet. For the machine building industry, Severstal continued to develop the POWERS range of wear-resistant and high-strength steels. ...
04 July 2025., 10:15
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EVRAZ STEEL: How to increase sales volumes of steel structures in the EAEU market
At the end of last year, the new international GOST 35087 standard for hot-rolled I-beam came into force. It replaced the GOST R 57837–2017 standard, which was limited to the Russian jurisdiction. This creates additional opportunities for supplying Russian steel structures to EAEU countries and will allow Russian steel structure manufacturers to ramp up production volumes, according to Dmitry Pukhnarevich, Head of Project Sales Directorate at EVRAZ STEEL. "The new international GOST has freed ...
04 March 2025., 12:10
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Stainless steel specialists will meet in Saint Petersburg
Registration of participants for the 11th International Conference " Stainless Steel and the Russian Market " is going (10-11 April, St. Petersburg). Key Speakers: Ivan Markov (Director of the Department of Metallurgy and Materials, Ministry of Industry and Trade of the Russian Federation), Viktor Tarnavsky ("Metal Supply & Sales" Magazine), Petr Varyushin (Nornickel), Andrey Voronin (USSA), Anton Narbutovskikh (Krasny Oktyabr Corporation), Alexander Malanichev (Mechel), Andrey Pushkarev (Russian ...
04 February 2025., 13:47
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MMK Group enters the metal structures sector
LLC MMK-Design Solutions a subsidiary of MMK Trading House and part of PJSC MMK Group, was registered in November 2024. The core production base for MMK-Design Solutions is LLC Mekhanoremontny Kompleks, also part of PJSC MMK Group. Spanning several workshops with a total area of over 30,000 square meters, the facility houses more than 120 units of equipment, including unique equipment. An in-house design bureau staffed with highly qualified engineers, designers, and projecting engineers enables ...
04 February 2025., 09:52
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MMK tours included in international industrial tourism guidebook
Industrial routes and career-oriented excursions developed by Magnitogorsk Iron and Steel Works (PJSC MMK) have been included in the international industrial tourism guidebook of the Union State of Russia and Belarus. Titled “Two Countries, a Thousand Factories”, the book was published by the Agency for Strategic Initiatives and the Belarusian Institute of Strategic Research. The publication features the most popular and educational tours to leading enterprises in Russia and Belarus. Over 50 ...
04 January 2025., 12:36
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In 2024, electric steel production fell by 7%
At the end of last week, a meeting with Deputy Prime Minister Alexander Novak took place at Business Russia, where prospects for the Russian economy were discussed, including investments, inflation, and business resilience. "I raised the issue of supporting electrometallurgy — one of the most environmentally friendly methods of steel production. Currently, these enterprises, unlike mining companies, do not receive natural resource royalties but pay an excise tax on liquid steel, even though ...
04 January 2025., 11:28
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Such is life. The Russian and Global Market for long products: March 24–31
Prices for rebar on the Russian market rose slightly in late March, reaching their highest level since November of last year. Some steelmakers raised their April quotes for this product, while others kept them unchanged, but the upward trend in primary market prices is clear and will likely continue in the near future. As a result, traders have little choice, especially since spot prices in most regions lag behind factory prices. Although the construction industry remains broadly unfavorable ...
04 January 2025., 11:12
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A seasonal effect becomes noticeable
The analytical service of “Metal Supply & Sales” Magazine continues publishing the MCC-TM Index (Temperature of the market). The index value is determined through weekly expert surveys. According to expert feedback, the Russian steel market has remained in growth territory for the third consecutive week. However, a gap persists between rebar and medium-sized profile pipes on one side and hot-rolled steel products on the other. Demand for steel construction products has recently improved, whereas ...
04 January 2025., 10:37
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Vladimir Putin stated that Russia is the fourth-largest economy in the world
"Russia is the forth-largest economy in the world by size, based on purchasing power parity. China is the first place, followed by the United States, then India, and then Russia," Mr. Putin said. He noted that: "all other countries, including Japan, Germany and so on, are going lower."
31 March 2025., 12:10
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MMK’s innovations were highlighted at the International Salon of Inventions and Innovative Technologies "Archimedes"
The 28th Moscow International Salon of Inventions and Innovative Technologies "Archimedes" was held in March in Moscow. The salon brought together inventors and manufacturers of innovative products from 26 countries and 35 regions of the Russian Federation. Russian participants demonstrated 340 projects, while their foreign colleagues demonstrated 215. The most interesting expositions were presented by: - JSC "Russian Space Systems"; - JSC "RussianRailways”; - Ministry of Defense of the Russian ...
31 March 2025., 11:25
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Head of the Russian Direct Investment Fund: Global сompanies are lining up to return to Russia
Kirill Dmitriev, Head of the Russian Direct Investment Fund (RDIF): Global companies are queuing up to return to the Russian market. "Global companies are lining up to return to Russia, which reflects restored confidence and new opportunities in one of the world’s largest markets," he wrote on X (formerly Twitter), commenting on reports that major South Korean businesses are exploring a return to Russia. As previously reported by “The Korea Times”, major South Korean corporations, including ...
31 March 2025., 10:32
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Metal structures will facilitate housing and social infrastructure construction in Russia’s Arctic Regions
On March 26–27, 2025, the International Arctic Forum “ARCTIC – Territory of Dialogue” took place in Murmansk. During the business session “The Arctic and the Northern Sea Route: Developing Key Settlements,” Alexander Danilov, Director General of Steel Construction Development Association (ARSS), addressed the forum participants. He highlighted methods to accelerate construction in the Arctic zone and emphasized the advantages of steel-based building technologies, which could serve as a driver ...
28 March 2025., 10:47
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