The trade volume between Russia and China could surge sharply to $400 billion, but this would require a significant increase in Chinese investments in Russia. RUSAL outlined this condition in his Telegram channel. According to him, many economists are currently assessing the potential for expanding mutual trade between the two countries. "To achieve this, a substantial increase in direct Chinese investments into Russian projects and enterprises is necessary — at least 160 billion yuan ($21.77 ...

According to Chinese customs data, the first two months of 2025 saw a significant rise in imports of certain non-ferrous metals from Russia to China, reports “Kommersant”. Purchases of copper and copper products surged nearly 1.5 times, reaching $711.77 million. Nickel imports grew 2.8-fold to $233.38 million, while aluminum imports rose by 29.5% to $895.95 million. Based on London Metal Exchange (LME) prices, the supply volumes are estimated at approximately 72,000 tons, 14,500 tons, and 340,000 ...

The association 'Spetsstal' has reported that the visible consumption of the main types of stainless steel products in Russia increased by 27.3% to 661.9 thousand tonnes in 2023, compared to 2022. This represents an 11.7% increase from 2021. In 2023, the consumption of flat cold-rolled products increased by 32.7%, flat hot-rolled products by 7.3%, long products by 39.1%, welded pipes by 3.5%, seamless pipes by 71.5%, and wire by 62.6%. The consumption of primary billets decreased by 27.0%. Foreign ...