News. Russian ferrous metallurgy news

Stainless steel specialists will meet in Saint Petersburg

Registration of participants for the 11th International Conference " Stainless Steel and the Russian Market " is going (10-11 April, St. Petersburg). Key Speakers: Ivan Markov (Director of the Department of Metallurgy and Materials, Ministry of Industry and Trade of the Russian Federation), Viktor Tarnavsky ("Metal Supply & Sales" Magazine), Petr Varyushin (Nornickel), Andrey Voronin (USSA), Anton Narbutovskikh (Krasny Oktyabr Corporation), Alexander Malanichev (Mechel), Andrey Pushkarev (Russian ...
04 February 2025., 13:47   comment

MMK Group enters the metal structures sector

LLC MMK-Design Solutions a subsidiary of MMK Trading House and part of PJSC MMK Group, was registered in November 2024. The core production base for MMK-Design Solutions is LLC Mekhanoremontny Kompleks, also part of PJSC MMK Group. Spanning several workshops with a total area of over 30,000 square meters, the facility houses more than 120 units of equipment, including unique equipment. An in-house design bureau staffed with highly qualified engineers, designers, and projecting engineers enables ...
04 February 2025., 09:52   comment

MMK tours included in international industrial tourism guidebook

Industrial routes and career-oriented excursions developed by Magnitogorsk Iron and Steel Works (PJSC MMK) have been included in the international industrial tourism guidebook of the Union State of Russia and Belarus. Titled “Two Countries, a Thousand Factories”, the book was published by the Agency for Strategic Initiatives and the Belarusian Institute of Strategic Research. The publication features the most popular and educational tours to leading enterprises in Russia and Belarus. Over 50 ...
04 January 2025., 12:36   comment

In 2024, electric steel production fell by 7%

At the end of last week, a meeting with Deputy Prime Minister Alexander Novak took place at Business Russia, where prospects for the Russian economy were discussed, including investments, inflation, and business resilience. "I raised the issue of supporting electrometallurgy — one of the most environmentally friendly methods of steel production. Currently, these enterprises, unlike mining companies, do not receive natural resource royalties but pay an excise tax on liquid steel, even though ...
04 January 2025., 11:28   comment

Such is life. The Russian and Global Market for long products: March 24–31

Prices for rebar on the Russian market rose slightly in late March, reaching their highest level since November of last year. Some steelmakers raised their April quotes for this product, while others kept them unchanged, but the upward trend in primary market prices is clear and will likely continue in the near future. As a result, traders have little choice, especially since spot prices in most regions lag behind factory prices. Although the construction industry remains broadly unfavorable ...
04 January 2025., 11:12   comment

A seasonal effect becomes noticeable

The analytical service of “Metal Supply & Sales” Magazine continues publishing the MCC-TM Index (Temperature of the market). The index value is determined through weekly expert surveys. According to expert feedback, the Russian steel market has remained in growth territory for the third consecutive week. However, a gap persists between rebar and medium-sized profile pipes on one side and hot-rolled steel products on the other. Demand for steel construction products has recently improved, whereas ...
04 January 2025., 10:37   comment

Vladimir Putin stated that Russia is the fourth-largest economy in the world

"Russia is the forth-largest economy in the world by size, based on purchasing power parity. China is the first place, followed by the United States, then India, and then Russia," Mr. Putin said. He noted that: "all other countries, including Japan, Germany and so on, are going lower."
31 March 2025., 12:10   comment

MMK’s innovations were highlighted at the International Salon of Inventions and Innovative Technologies "Archimedes"

The 28th Moscow International Salon of Inventions and Innovative Technologies "Archimedes" was held in March in Moscow. The salon brought together inventors and manufacturers of innovative products from 26 countries and 35 regions of the Russian Federation. Russian participants demonstrated 340 projects, while their foreign colleagues demonstrated 215. The most interesting expositions were presented by: - JSC "Russian Space Systems"; - JSC "RussianRailways”; - Ministry of Defense of the Russian ...
31 March 2025., 11:25   comment

Head of the Russian Direct Investment Fund: Global сompanies are lining up to return to Russia

Kirill Dmitriev, Head of the Russian Direct Investment Fund (RDIF): Global companies are queuing up to return to the Russian market. "Global companies are lining up to return to Russia, which reflects restored confidence and new opportunities in one of the world’s largest markets," he wrote on X (formerly Twitter), commenting on reports that major South Korean businesses are exploring a return to Russia. As previously reported by “The Korea Times”, major South Korean corporations, including ...
31 March 2025., 10:32   comment

Metal structures will facilitate housing and social infrastructure construction in Russia’s Arctic Regions

On March 26–27, 2025, the International Arctic Forum “ARCTIC – Territory of Dialogue” took place in Murmansk. During the business session “The Arctic and the Northern Sea Route: Developing Key Settlements,” Alexander Danilov, Director General of Steel Construction Development Association (ARSS), addressed the forum participants. He highlighted methods to accelerate construction in the Arctic zone and emphasized the advantages of steel-based building technologies, which could serve as a driver ...
28 March 2025., 10:47   comment

Improvising on the demand. The Russian sheet products and welded pipe market: March 19–26

The situation on Russian market of sheet products has remained largely unchanged. Visible demand on the spot market is relatively weak across all sectors, from hot-rolled to pre-painted products. Some metal trading companies have noted temporary revival of local activity, but overall, no significant progress has been observed or is expected. Seasonal growth this year is likely to be minimal. In this context, the price increases for hot-rolled sheets and coils announced by metallurgical plants ...
28 March 2025., 10:11   comment

Production achievements of Petrostal Metallurgical Plant owing to new equipment

At the beginning of this year, the rolling shop of the Petrostal Metallurgical Plant ceremoniously launched new centerless turning machines purchased from China. Today, interim results of their operation can already be summarized. Operational commissioning of this equipment has allowed the plant not only to double production volumes but also to improve the quality of its output. It is now possible to machine the rolled products with a more precise tolerance (h11 grade) and stricter surface roughness ...
27 March 2025., 12:17   comment

The 20th International Forum "Ferrous and non-ferrous scrap metals" to take place in Moscow

On April 16–18, 20th International Forum "Ferrous and non-ferrous scrap metals" and the “ MIR-EXPO 2025 " exhibition will be held in Moscow. The event is organized by “Rusmet” Rating Agency in partnership with National Recycling Association “RUSLOM.COM”. The forum will bring together over 1,000 participants, including market leaders, industry associations, government representatives, and global experts in analytics, technology, logistics, and finance. The event will take place at Soluxe Moscow ...
27 March 2025., 11:30   comment

Construction industry and steel structures market report based on results of 2024

Steel Construction Development Association (ARSS) has prepared an analytical review titled "The Construction Industry and the Market for Steel Structures in the Russian Federation, EAEU Member States, and Uzbekistan" based on the results of 2024. The report highlights trends in the construction industry, including the dynamics and geographical structure of the volumes of work in residential, commercial, administrative, infrastructure, and road construction. Despite the unstable economic situation ...
27 March 2025., 10:28   comment

Industrial production growth will reach 4.6% in 2024

Mikhail Mishustin, Prime Minister of the Russian Federation, on March 26 reported on the government's performance results in 2024 and answered questions asked by deputies. In his speech, Mikhail Mishustin noted that the contribution of the machine-building segment, where production volumes of high-technology products grew by almost 20%. "This is not the first year when the industry demonstrates good dynamics. It gained 4.6% as of the end of 2024. Largely owing to the processing sector, where ...
27 March 2025., 10:02   comment

Playing on the minimum: Russian long products market, March 17–24

Russian rebar market has entered a state of stagnation. Both metallurgical companies and distributors would like to raise prices for this product, but there are no objective grounds for doing so. While demand for rebar exists, with some companies even reporting an uptick in the second half of March (albeit from a very low base), the construction sector, broadly speaking, has not shown signs of a spring revival. Another significant challenge for metallurgical companies is the strengthening ruble ...
26 March 2025., 14:48   comment

First Deputy Chairman of the Russian Government visited metallurgical enterprises in Volgograd Region

Denis Manturov, First Deputy Chairman of the Government of the Russian Federation, made a working trip to the Volgograd Region. Accompanied by the Region’s Governor Andrey Bocharov and the Head of Roscosmos, Dmitry Bakanov, he visited several industrial enterprises in the area, according to the press service of the Russian Cabinet of Ministers. During the trip, Denis Manturov and Andrey Bocharov discussed the implementation of key investment projects, particularly the new production facility ...
26 March 2025., 13:18   comment

MMK Implements AI-based system for tracking pipes output

Magnitogorsk Iron and Steel Works (PJSC MMK) has introduced an AI-powered "smart" system for counting galvanized pipes produced at the plant. The project aims to streamline workflow processes and enhance customer service quality. The digital solution, deployed at Sheet rolling shop No. 8, is the essence of artificial intelligence technology — specifically, computer vision integrated into a custom-developed web application. Shop workers use industrial tablets to photograph finished products. ...
26 March 2025., 11:36   comment

Stainless steel market trends to be discussed April 10–11 in Saint Petersburg

On April 10–11, the 11th International Conference " Stainless Steel and the Russian Market " will take place at Grand Hotel Europe in St. Petersburg. Participants include leading players in the domestic stainless and specialty steel market: producers of rolled products, suppliers, processors, end consumers, government agencies, and others. Key Speakers: Ivan Markov (Director of the Department of Metallurgy and Materials, Ministry of Industry and Trade of the Russian Federation), Viktor Tarnavsky ...
26 March 2025., 10:35   comment

Galvanized and pre-painted products: the market awaits positive signals (photo report)

On March 20–21, the 20th International Conference "Galvanized and pre-painted products: Production and Consumption Trends" took place in Moscow and the Moscow Region. The event brought together over 210 representatives from metallurgical companies, service metal centers, metal structure plants, metal trading and metal-consuming companies, as well as related industries and government agencies. The conference was organized by the "Metal Supply & Sales" Magazine. General partners of the conference ...
25 March 2025., 13:18   comment