News. Russian ferrous metallurgy news. May

MMK offers technological solutions for the construction industry in Kazakhstan

Magnitogorsk Iron and Steel Works (MMK) takes part in the 25th Anniversary Kazakhstan international construction and interior design “AstanaBuild’ 2025” exhibition. The key exhibition event of the country's construction industry takes place from May 28 to 30 at the EXPO exhibition center. This year's exhibition will bring together 95 companies from 9 countries: Kazakhstan, Russia, Belarus, China, Uzbekistan, Germany, Spain, Italy, South Korea and Belarus. At the exhibition MMK' stand primarily ...
30 May 2025., 10:15   comment

The EU has almost fully utilised its annual quota for Russian pig iron imports

According to Eurostat, European companies in the first four months of 2025 almost exhausted the annual quota for the purchase of Russian pig iron, established under the 12th package of EU sanctions. This is reported by ‘ Vedomosti ’. The total volume of Russian pig iron exports to EU countries in January-March amounted to 697 thousand tonnes against the annual quota of 700 thousand tonnes. The main importers were Italy (524.6 thousand tonnes), Latvia (87.3 thousand tonnes) and Belgium (31 thousand ...
29 May 2025., 10:40   comment

Mechel cuts coal production by 17% in Q1 to 2.13 mln tons

Mechel’s coal production fell by 17% to 2.13 mln tons in January-March 2025 and increased steel production by 14% to 863,000 tons, the company said in a statement. At the same time, pig iron production increased by 10% in three months to 769,000 tons. Sales of coking coal concentrate declined by 7% year-over-year, amounting to 1.06 mln tonnes, while sales of thermal coal rose by 4%, reaching 903,000 tonnes. At the same time, anthracite sales during the reporting period increased by 1% to 260 ...
29 May 2025., 10:15   comment

Iron ore loading for export via the Russian Railways (RZD) network increased by 17.5%

A total of 5.1 million tons of iron ore was exported from January to April 2025. Including 2.9 million tons shipped in the eastern direction (+22.3%), 1.3 million tons in the southern direction (+7.9%), and 921.4 thousand tons in the western direction (+18.2%). The leading regions in terms of export loading volume are: - Belgorod Region (1.4 million tons) - Transbaikal Territory (1.2 mln tons) - Jewish Autonomous Region (919.6 thousand tons) Subscription to news
28 May 2025., 10:40   comment

Your course leads to danger. Russian long products market: May 12-26

May has come to an end, summer is coming soon. It would seem that we should build now and build! However, many suppliers of steel products for construction purposes point to low demand. Individual housing construction (IHB) shows positive dynamics, but without the construction of new apartment buildings neither steel companies nor steel traders will have enough orders. In general, not very typical trends are observed in the market. Prices for rebar and shaped rolled products, contrary to traditional ...
28 May 2025., 10:15   comment

Russia to resume supplies of rolled products to India

In June 2025 Russian metallurgists will supply 35,000-40,000 tons of hot-rolled steel to India at a price of $460-470 per ton on CFR basis (delivery to the port, loading and freight). This is stated in the May review of the Indian analytical company Bigmint, Vedomosti reports. This is the first such deal for the last year and a half. The price offer of Russian producers turned out to be 3-5% lower than Chinese competitors, Bigmint notes. In May on the Indian market a ton of rolled products from ...
27 May 2025., 10:40   comment

Hot-rolled steel became the coldest rolled product

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. Russian steel companies raised prices for hot-rolled plate and coil in May, and planned to raise quotations for these types of steel products again in June. But the market environment, according to experts' feedback, does not favor this. According to their estimates, sales and consumer demand for ...
27 May 2025., 10:15   comment

Steel Construction Strengthens Its Position

The 10th International Specialized Exhibition “ SteelStructures’2025 ”, will be held on June 3-5, 2025 at “Timiryazev Center” in Moscow, bringing together manufacturers of metal and steel structures, products, and their consumers. The event will be held at the new exhibition complex “Timiryazev Center” in Moscow. The production volume of steel structures in Russia reaches 4 million tons per year. By 2025, further implementation of infrastructure projects is expected, including high-speed road ...
26 May 2025., 11:48   comment

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   comment

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   comment

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   comment

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