. June

Russia’s steel output down 6.9% YOY in May

Steel production in Russia in May 2025 decreased by 6.9% year-on-year and amounted to 5.8 mln metric tons, according to a report by the World Steel Association (WSA). Steel production in the country within five months of this year lost 5.2% to 29.2 mln metric tons. In May 2025, China is reported to produce 86.6 mln metric tons, which is 6.9% less year-on-year. India produced 13.5 mln metric tons (+9.7%). Steel production in Japan lost 4.7%, to 6.8 mln metric tons and gained 1.7% in the United ...
26 June 2025., 10:36   comment

Severstal CEO does not rule out halting metallurgical production in Russia to balance supply

"In my opinion, we cannot even rule out halting some metallurgical production facilities in the Russian Federation to balance supply," Shevelev said during an interview with the Rossiya-24 television channel. "I hope it won't come to that, and we'll manage to somewhat loosen the tight grip of monetary policy in time. But currently, all signs indicate we might face situations including even halting operations at some plants with unfavorable production costs," he said. When asked whether Severstal ...
20 June 2025., 10:15   comment

Russian metallurgists reduced steel production volumes in January-May

According to preliminary data, during May 2025, the enterprises of ferrous metallurgy of the Russian Federation produced 6 million tons of steel and 5.2 million tons of finished rolled products. The year-on-year decrease in the indicators is 3.4% and 4.4%, respectively, reported the information and analytical company “Corporation CHERMET”. According to the results of January-May, steel production volumes in the metallurgical industry decreased by 5.2% to 29.1 million tons compared to the same ...
06 November 2025., 11:41   comment