Metallurgy news
China purchased a record $612.1 million worth of aluminum from Russia
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 ...
26 May 2025., 10:30
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Russia in April increased iron and steel supplies to South Korea
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, ...
26 May 2025., 10:15
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Trends in the development of the Russian pipe industry
At the 15th All-Russian Conference “ Steel Tubes & Pipes: Production and Regional Sales ”, Pavel Rodin, Director of the Pipe Industry Development Fund, presented a report on trends in the development of the pipe industry in Russia. He noted that the total consumption of pipes in the Russian market in 2024 decreased by 5.5% to 11.4 million tons. Almost all segments of the pipe market showed a decrease in demand. Assessing the current economic conditions, steel pipe consumption in Russia in 2025 ...
23 May 2025., 10:40
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ROSATOM is ready to expand cooperation with the US
The US purchases enriched uranium from Russia because it is cost-effective, and Russia is ready to expand the agenda of this cooperation, Alexey Likhachev, Head of ROSATOM, told reporters. The majority of states have not cut pre-existing ties with ROSATOM, he noted. And for Russia, selling uranium to other countries, including the US, is a very profitable business. "Despite all bans, the Americans buy it [uranium] because moneywise, it makes sense for them. In this respect, especially in the ...
23 May 2025., 10:30
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Steel in Russia will become cheaper in 2025
The average price for rolled steel in the domestic market of Russia in 2025 will decrease by 11% compared to the level of last year. This forecast is given in their review by experts of the analytical company “Euler Analytical Technologies”. According to the company's forecast, the cost of 1 ton of hot-rolled steel at manufacturers (EXW basis - ex-works) this year will be $543. Last year 1 ton of rolled products in Russia could be bought for $608, in the first quarter of 2025 the weighted average ...
23 May 2025., 10:15
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Consumers of carbon graphite products gathered in Kazan
Kazan hosts The IV International Production and Technical Conference “ The Role of Carbon Graphite Products in Metallurgy ”, organized by the El 6 Group (the sixth element in Mendeleev's table is carbon). More than 180 delegates are taking part in the conference. During two days 14 reports will be delivered, round tables on steel, aluminum, ferroalloys, logistics, development will be held. The third day will include an excursion program. Metal Supply & Sales Magzine agazine is the media partner ...
22 May 2025., 12:40
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Russian pipe market participants gathered at the conference in Ekaterinburg
Ekaterinburg hosts the 15th All-Russian Conference “Steel Tubes & Pipes: Production and Regional Sales”. Organizer: Metal Supply & Sales Magazine. The conference is attended by about 150 representatives of pipe and steel companies, metal traders and equipment suppliers. The first session of the conference was devoted to general trends in the Russian and global market. Leading specialists of steel mills and major pipe companies in their reports told about their vision of the current state and ...
22 May 2025., 10:40
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South Korea bought a record $126.4 million worth of aluminum from Russia
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 ...
22 May 2025., 10:30
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Export of main types of stainless steel products from Russia increased by 20.1%
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 ...
22 May 2025., 10:15
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“Rosneft” acquired a license for Tomtor rare earth metals deposit
Rosneft on May 20 became the owner of LLC ‘Vostok Engineering’, which owns the license for the development of Tomtor rare-earth metals (REM) deposit. Tomtor has the status of the largest niobium and REM deposit with the highest content in the world. Inferred resources are estimated at 154 million tons of ore with high oxide content of ten elements, including niobium, terbium, yttrium and scandium. Subscription to news
21 May 2025., 23:46
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Agenda of Russia-Afghanistan dialogue included rare-earth metals discussion
The topic of rare-earth metals was raised during the dialogue between Russia and Afghanistan, Russian Deputy Prime Minister Alexey Overchuk told reporters. He drew attention to the fact that "Russia has all the necessary competencies to conduct geological exploration." "Moreover, back in the days of the Soviet Union, we studied the territory of Afghanistan. Of course, some materials need to be updated, but we are also discussing it," he added. The first Russian-Afghan business forum was held ...
21 May 2025., 10:30
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NLMK Group reduced steel output by 2.1% in 2024
Steel production of NLMK Group in 2024 decreased by 2.1% to 14.3 million tons (dynamics is given without taking into account the long products division). NLMK said in its annual report that sales of the Group's steel products amounted to 15 million tons, which is 1.6% lower than in 2023. “In 2024, the Issuer's operating indicators demonstrated downward dynamics against the backdrop of reduced demand from end consumers in the steel products market, in particular from the construction and energy ...
21 May 2025., 10:15
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Rebar retains positive momentum
The analytical service of “Metal Supply & Sales” Magazine continues publishing the "MSS-TM index" (Market Temperature). The value of this index is determined through expert surveys on a weekly basis. The pause for the May holidays did not change anything on the Russian market of steel products. As before, rebar still holds the strongest positions on it. Many experts report an increase in sales in the middle of May and note a rather high demand. At the same time, hot-rolled steel remains an outsider. ...
20 May 2025., 10:40
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The Murmansk Region will become a centre for processing rare-earth metals
The authorities are planning to create a production cluster in Murmansk Region focused on the deep processing of rare-earth metals (REM). This was announced by Alexei Chekunkov, Head of the Ministry for the Development of the Russian Far East and Arctic. He emphasised the unique potential of the region due to the presence of large deposits such as Lovozero and Afrikandskoye. They hold significant reserves of cerium, lanthanum and neodymium. In an interview with TASS, Chekunkov emphasised that ...
20 May 2025., 10:30
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An enlarged meeting of the Business Russia Committee on Metallurgy was held in Moscow
- Russian export supplies
- export
- scrap
- Novostal-M
- Busuness Russia
- metallurgy development
- support measures
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 ...
20 May 2025., 10:15
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A new look at steel structures: innovations that will change the market
“Severstal Steel Solutions“ will take part in the 10th International Specialized Exhibition “ SteelStructures’2025 ”, which will be held on June 3-5, 2025 at “Timiryazev Center” in Moscow. The Group of companies will present industry solutions at the exhibition stand, and experts will speak as part of the business program. Current and potential partners and clients of Severstal Steel Solutions will be shown the capabilities of designing, manufacturing and installation of buildings from steel ...
19 May 2025., 10:40
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RUSAL introduces AI into the global monitoring system for aluminum production
RUSAL, one of the world's largest aluminum producers, is beginning to integrate artificial intelligence into its automatic electrolysis monitoring system (ELTM). The ELTM collects data on the operation of electrolyzers at all of the company's aluminum smelters and automatically reports changes in parameters that could lead to accidents. The neural network will prompt technologists about the causes of violations and provide recommendations for elimination. Artificial intelligence will be part ...
19 May 2025., 10:30
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The May issue of "Metal Supply & Sales" Magazine is out of print
The cover of the May issue of “Metal Supply & Sales” Magazine features a photo of pipe billet piercing. And it is not by chance: this week (May 22-23) the 15th All-Russian Conference “ Steel Tubes & Pipes: Production and Regional Sales ” will be held in Ekaterinburg and Pervouralsk, which will bring together all key players of the pipe market, and where the new issue will be distributed. On its pages the reader will find a summary of 2024 results and 2025 prospects in the global pipe market, ...
19 May 2025., 10:15
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Russia and Pakistan agree on the construction of a new steel plant
- New plant
- international relations
- international cooperation
- Pakistan
- Pakistan Steel Mills
- new project
- construction contract
Russia and Pakistan have concluded an agreement on the construction of a steel mill in the city of Karachi in southern Pakistan. It was formalized at a meeting between Russian Ambassador to Pakistan Denis Nazarov and Special Assistant to the Prime Minister of Pakistan Haroon Akhtar Khan. Both parties agreed to establish joint Russian-Pakistani groups for the construction of the new enterprise. It will be located on the site of the liquidated Pakistan Steel Mills (PSM). The Pakistani government ...
16 May 2025., 10:40
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Prices for metallurgical raw materials fell to their lowest levels since the beginning of the year
Forecast prices for ferrous scrap decreased this week to 23 thousand rubles per tonne, which was the minimum since the beginning of the year. Steelmakers are reducing purchase prices after a short-term increase in scrap prices since April, when some producers were replenishing stocks. Scrap prices may continue to decline until the end of the month and remain at their lowest levels during the summer, which will contribute to lower scrap collection. Since 12 May, the majority of metallurgical ...
16 May 2025., 10:15
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