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 ...

At the end of April there were no significant events on the global or Russian steel market. The situation was determined by the previous trends, which consisted of weak demand for flat products, low level of business activity and relatively stable prices. Russian steel mills, in particular, announced an increase in quotations for May, but in June they will probably have to give up the continuation of growth. Visible consumption of all categories of flat products is noticeably lagging behind ...

Evgenia Zolotarskaya, Head of Marketing Department of Russian Stainless Company, in her speech at the conference “Iron & Steel Market of Central Asia and the Caucasus” in Tashkent, told about the progress of the project on construction of facilities for production of stainless flat rolled products (Volgograd region, Russia). The first stage of the project will be realised in the 4th quarter of 2025, when the first products will be produced in the cold rolling shop. In 2026, the hot rolling shop ...

About 120 delegates have registered for the 5th International Conference “Iron & Steel Market of Central Asia and the Caucasus”, which has been opened today in Tashkent (Uzbekistan). A lot has changed since the first conference in 2018: new metallurgical and metal processing facilities were opened in this region, and many investment projects have been implemented. The region continues to develop actively, becoming a center of attraction for both Chinese and European investors. Speakers of the ...

China's copper imports from the United States fell 1.9 times to $204.8 million in March this year, according to Chinese customs. This was the minimum for bilateral trade since April 2023 and is noticeably less than the average level of purchases for last year (371.9 million dollars, RIA Novosti reported. The main beneficiary of this decline was Russia, which in March became the second major source of copper for China. Russian exports for the year rose by $495.4 million, or 2.7 times, to $790.9 ...

In the past fiscal year - from April 1, 2024 to March 31, 2025. - Russia increased coking coal supplies to India almost 1.7 times to 8.2 million tons. This is stated in the April review of the Indian analytical company Bigmint. In total, India bought 57 million tons of coking coal on foreign markets during these 12 months - 0.7% less than a year earlier. Thus, Russia provided 16% of all Indian imports in this nomenclature, according to Bigmint data. The largest supplier to the country was Australia ...

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 ...

“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 ...

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 ...

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 ...

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 ...