News. Russian ferrous metallurgy news - Russian Metallurgy news

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 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

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

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

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

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

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

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

Russia has enough coal reserves to last it over 500 years

Russia is sitting on coal reserves that will last it more than 500 years, Russian Deputy Prime Minister Alexander Novak wrote in an article for Energy Policy magazine. "The development of new coal mining hubs will provide up to 250 million tons of additional production capacities by 2050. The environmentally friendly and safe mining of reserves remains our priority," he noted. According to Novak, by 2050 the industry will be made up of high-tech, modern enterprises operating under strict environmental ...

13 May 2025., 10:45 comment

MMK outlined its interest in the Asian market at the Guangzhou exhibition

Magnitogorsk Iron and Steel Works (MMK), one of the world’s largest steel producers, took part in the 25th China Int'l Metal & Metallurgy Exhibition, which was held from May 10 to 12 in Guangzhou, China. The Asian market is one of the promising areas for MMK to develop export sales. The company's exposition is focused on hot-rolled coils, which are consistently in high demand among consumers from China and other Southeast Asian countries. Visitors also have access to information about the technologies ...

13 May 2025., 10:15 comment

Export prices for Russian steel have fallen to a three-year low

By early May, export prices for Russian steel had fallen to the levels of the crisis year 2022. This affected both semi-finished and remanufactured steel products. The escalation of trade conflicts and steel overproduction will lead to a further decline in value, experts predict. The trend of 2025 in terms of pricing in the market, in their opinion, will be regionalization: prices in Asia, Europe and the U.S. for the same brand of rolled products can differ by hundreds of dollars. Export prices ...

05 December 2025., 11:47 comment

Russia's Rosatom sues Finnish firms $2.8 bln over nuclear plant contract

Russia's Rosatom has filed a lawsuit in Moscow against Finnish energy holding Fortum and steel producer Outokumpu, demanding 227.8 billion roubles ($2.8 billion) in compensation for losses over the termination of a contract for the Hanhikivi-1 nuclear power plant in Finland, court documents and Rosatom's statement show. Rosatom is seeking compensation for losses caused "by the unlawful termination of the EPC contract" for the construction of the nuclear power plant, "violations of the shareholder ...

05 December 2025., 10:15 comment

Russia proposes measures to India for developing coal export

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 ...

05 June 2025., 10:40 comment

In the first quarter, stainless steel production in the Russian Federation decreased by 12.1%

According to the report of the Federal State Statistics Service (Rosstat) ‘On the Socio-Economic Situation of Russia’, the metallurgical production index in the Russian Federation for March 2025 was 97.9% year-on-year, down from 97.2% in the first quarter. Production of unalloyed steel in ingots/other primary forms and semi-finished products in March decreased by 4.4% year-on-year to 4.8 million tonnes, with an 8.6% improvement on the previous month. YTD production was down 2.6% to 13.8 million ...

05 June 2025., 10:10 comment

Cybersteel supplies steam generators pipes for El Dabaa

Russia’s Cybersteel, a manufacturer of high-tech seamless stainless pipes, has supplied 400,000 metres of pipes for the construction of the El Dabaa NPP in Egypt. The products intended for the assembly of steam generators were manufactured according to an individual technical specification with a standard size of 16 by1.5 mm from high strength and wear resistant 08X18N10T grade steel. All products underwent comprehensive non-destructive testing of external and internal surfaces, control of geometric ...

05 May 2025., 11:00 comment