Metallurgy news. May - Russian Metallurgy news - Metal Supply and Sales Magazine

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 comment

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 comment

“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 comment

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 comment

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 comment

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 comment

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 comment

An enlarged meeting of the Business Russia Committee on Metallurgy was held in Moscow

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 comment

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 comment

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 comment

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 comment

Russia and Pakistan agree on the construction of a new steel plant

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 comment

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 comment

The technology of production of heat-resistant aluminium alloy from secondary raw materials was created

The breakthrough achieved by scientists was reported by the Press Service of the Ministry of Science and Higher Education of the Russian Federation; specialists of the National University of Science and Technology “MISIS” have patented a heat-resistant aluminum alloy that retains its strength properties after heating up to 400 degrees Celsius and can be produced from scrap metal. The new technology makes it possible to obtain a material with the required properties without complex and expensive ...

15 May 2025., 11:00 comment

Forecast of billet prices from Russia on export markets in May

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

15 May 2025., 10:40 comment

Brazil and Russia begin talks on joint uranium and lithium output

The Brazilian government and Russia’s Tenex, a subsidiary of Rosatom (formally known as Techsnabexport, Tenex being its export brand), have launched discussions on the joint extraction of uranium and lithium in the South American republic, the Brazilian newspaper Folha de S.Paulo reported, citing Minister of Mines and Energy Alexandre Silveira. The sides aim first to assess the feasibility of launching joint mining projects, he said, noting that Brasilia expects the partnership with Russia to ...

15 May 2025., 10:30 comment

Rosatom begins production of equipment for small NPP in Uzbekistan

Rosatom started production of reactor equipment for the first unit of a small-scale nuclear power plant being developed in Uzbekistan under a Russian-led project, the state corporation’s press service told reporters. "Today, Rosatom began manufacturing reactor equipment for the first unit of the small modular nuclear power plant in Uzbekistan," the press service stated on the sidelines of Energy Week, which is taking place in Tashkent on July 13-15. The press service added that Rosatom’s facility ...

15 May 2025., 10:15 comment

Russian Railways: in 4 months ferrous metals transportation in containers decreased by 4%

In January-April 2025, 2,558,000 loaded and empty TEU containers were transported through the Russian Railways (RZD) network in all modes of transportation. The year-on-year decrease in the indicators is 0.4%. “Including, more than 1 million TEU were shipped in domestic traffic (-2.3%). The number of loaded containers shipped in all types of traffic exceeded 1.8 million TEU (-2.4%). They transported 26.9 million tons of cargo, (+0.6%), including ..metalware - 139.2 thousand (-3.1% to the level ...

14 May 2025., 10:40 comment

Russia and India agree on scientific cooperation in rare-earth metals

The State Scientific Research and Design Institute for Rare-Metal Industry (JSC Giredmet, a research and design institute of the Rosatom state corporation) and the Indian Council of Scientific and Industrial Research have signed a declaration on cooperation in the field of rare and rare-earth metals, according to the corporate publication Rosatom Country. "The document envisions a qualitative enhancement of academic, scientific and research cooperation and interaction between Russian and Indian ...

14 May 2025., 10:25 comment

When, if not now? Russian long products market: April 25 - May 12

The Russian long products market spent the holiday break on the whole quite well. Visible demand on working days was at a high level, as many consumers purchased metal in stock. Weather deterioration was a bit of a problem in some regions, but it should soon return to normal. Prospects for the second half of this month are assessed differently by market participants, but the approaching summer gives hope for further expansion of consumption volumes. Nevertheless, there are also many risks for ...

14 May 2025., 10:15 comment