. May

According to Eurostat, European companies in the first four months of 2025 almost exhausted the annual quota for the purchase of Russian pig iron, established under the 12th package of EU sanctions. This is reported by ‘ Vedomosti ’. The total volume of Russian pig iron exports to EU countries in January-March amounted to 697 thousand tonnes against the annual quota of 700 thousand tonnes. The main importers were Italy (524.6 thousand tonnes), Latvia (87.3 thousand tonnes) and Belgium (31 thousand ...

A total of 5.1 million tons of iron ore was exported from January to April 2025. Including 2.9 million tons shipped in the eastern direction (+22.3%), 1.3 million tons in the southern direction (+7.9%), and 921.4 thousand tons in the western direction (+18.2%). The leading regions in terms of export loading volume are: - Belgorod Region (1.4 million tons) - Transbaikal Territory (1.2 mln tons) - Jewish Autonomous Region (919.6 thousand tons) Subscription to news

South Korean Samsung Display has stopped purchasing Russian gold, tungsten and tantalum, according to the company's reports. Previously, these metals were supplied by Krastsvetmet, Solikamsk Magnesium Plant (part of the mining division of State Corporation Rosatom) and other Russian enterprises. Experts do not rule out that the refusal may lead to an increase in the cost of electronics by 2-5%. Samsung Display, part of Samsung Semiconductor, makes screens for smartphones, including the Apple ...

In June 2025 Russian metallurgists will supply 35,000-40,000 tons of hot-rolled steel to India at a price of $460-470 per ton on CFR basis (delivery to the port, loading and freight). This is stated in the May review of the Indian analytical company Bigmint, Vedomosti reports. This is the first such deal for the last year and a half. The price offer of Russian producers turned out to be 3-5% lower than Chinese competitors, Bigmint notes. In May on the Indian market a ton of rolled products from ...

Major Russian exporters including Rusal and Gazpromneft have cut the planned volume of commodities like metal and oil products they send by rail, a Russian Railways document seen by Reuters showed, the latest sign of subdued demand as the country's war economy slows. The state-owned rail monopoly intends to reduce 2025 spending by an additional 32.5 billion roubles ($408 million), or around 3.5%, to 858.4 billion roubles, due to the revised cargo forecast, according to the document dated March ...

In April 2025, economic relations between Japan and Russia showed positive dynamics. The total trade volume between the two countries increased by 2.48% compared to the same period last year, reaching a mark of 87.713 billion yen, equivalent to about 607.6 million US dollars. These data are presented in a report by Japan's Ministry of Finance. Total imports of goods from Russia to Japan showed an increase of 5.6 percent, reaching 57.177 billion yen, equivalent to about 396.5 million U.S. dollars. ...

In April, China purchased aluminum from Russia for the highest ever amount of $612.1 million, according to the data of the Chinese Statistical Service, which was analyzed by RIA Novosti. Deliveries in mid-spring grew 1.8 times year-on-year. As a result, the share of Russian companies in China's imports for the year jumped almost twice - to 39.5% from 22.7% in April last year. In addition to Russian companies, large supplies to China were also made by Thailand, which increased sales of these ...

Russia in April increased iron and steel supplies to South Korea to the maximum 67.4 thousand tons in almost a year and a half, according to the data of the South Korean statistical service, which was studied by RIA Novosti. South Korean companies bought 67.4 thousand tons of iron and steel worth $30.3 million from Russian businesses in April, more than triple the level a month earlier in both monetary and physical terms. Shipments were higher last time in December 2023 at 69.1 thousand tons, ...

Russian companies in mid-spring sold 46 thousand tons of unprocessed aluminum to the South Korean markinet for $126.4 million, which is about twice as much as a year earlier in both physical and monetary terms. Since the beginning of this year, South Korea has purchased 148.2 thousand tons of aluminum from Russia, which is a quarter more than last year's level. The revenue from these supplies amounted to 411 million dollars against 275 million dollars in January-April 2024. Russia became the ...

According to the expert assessment of the Russian Association "Special Steels" (“Spetsstal”), in 2024 the export of main types of stainless steel products from the Russian Federation amounted to 9863 tons (excluding EAEU countries). The volume growth compared to 2023 is 20.1%, relative to 2022 - 9%. “The structure of stainless steel exports was represented by seamless pipes, whose share in the total volume amounted to 41.3% (in 2023 - 43.6%), flat hot-rolled products - 23.4% (8.3%), primary ...

Business Russia is an All-Russia Public Organization which represents the interests of private non-resource businesses – local industry leaders. The organization was founded in 2001 and unites more than 7 thousand entrepreneurs and more than 400 deputies of federal and regional parliaments in Russia. The total number of employees at the enterprises of Business Russia is about 3 million people and the total annual revenue of companies owned or headed by Business Russia members is estimated at ...

Translom analysts believe that in May 2025 prices for Russian square billets will adjust downward in a limited range. Weakening prices for raw materials and semi-finished products on the export market and strengthening of the ruble against the US dollar will put multidirectional pressure on quotations of Russian suppliers and contribute to limited supply. At the end of April quotations of semi-finished products from Russia decreased to 420-430 $/t FOB. Subscription to news

Russia is sitting on coal reserves that will last it more than 500 years, Russian Deputy Prime Minister Alexander Novak wrote in an article for Energy Policy magazine. "The development of new coal mining hubs will provide up to 250 million tons of additional production capacities by 2050. The environmentally friendly and safe mining of reserves remains our priority," he noted. According to Novak, by 2050 the industry will be made up of high-tech, modern enterprises operating under strict environmental ...

Magnitogorsk Iron and Steel Works (MMK), one of the world’s largest steel producers, took part in the 25th China Int'l Metal & Metallurgy Exhibition, which was held from May 10 to 12 in Guangzhou, China. The Asian market is one of the promising areas for MMK to develop export sales. The company's exposition is focused on hot-rolled coils, which are consistently in high demand among consumers from China and other Southeast Asian countries. Visitors also have access to information about the technologies ...

Russia has proposed to India a series of measures to expand imports of Russian coal, the Russian Energy Ministry said after Coal Industry Department director Pyotr Bobylev visited the country. For example, Russia suggested signing an intergovernmental agreement to support imports of coking coal as well as establishing supply volumes for thermal coal. "Given the Indian steel industry's rising demand for coking coal, we see a lot of potential in the development of Russian-Indian cooperation in ...