. May

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