Russian Steel Association forecasts 2.5% growth in steel exports as demand in Russia falls

The Russian Steel Association expects steel exports to increase by 2.5% in 2025, the association's president Alexey Sentyurin said at the "Scrap of Ferrous and Nonferrous Metals" Forum. “In 2021 we shipped maximum volumes for export of 31 million tons, they had to be reduced last year to 20 million tons - that's a minus of almost 35%. This year, given the months that have already passed, we hope that exports will maintain the increase in rates, so for the year, we think we will be able to increase ...
21 April 2025., 11:30   comment

Russian Railways (RZD): iron ore loading for export grew by 13.3% in the first quarter

“Iron ore loading for export via the Russian Railways network increased by 13.3%. A total of 3.7 million tons of iron ore was loaded for export in the first quarter of 2025,” the press service of RZD reported. Including 2.1 million tons shipped in the eastern direction (+20.5%), 706.8 thousand tons shipped in the western direction (+9.6%), and 907 thousand tons shipped in the southern direction (+2.1%), the report said. The leading regions by volume of loading for export: - Belgorod region (1.1 ...
21 April 2025., 10:56   comment

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   comment

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   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