Abinsk Electric Steel Works has smelted 16 million tons of steel

Since 2013, Abinsk Electric Steel Works (AESW is part of the Novostal-M Holding) has smelted 16 million tons of steel. “This is not just a figure — it is a symbol of stable growth, a clear strategy, and team strength. The figures speak for themselves. AESW is operating at full capacity, and each year is higher than the previous one. Behind these results is the work of all workers and smelting cycles,” Novostal-M reports. Novostal-M is an active long-term participant of Metal-Expo exhibitions. ...
07 January 2025., 10:45   comment

Russian-Thai business dialogue launched at St. Petersburg International Economic Forum

On June 18, the St. Petersburg International Economic Forum started. 20,000 representatives from 140 countries confirmed their participation in the forum. Russian-Thai cooperation covers a wide range of areas - from trade and investment to technology and tourism. Both countries are actively developing partnership within the BRICS framework, discussing the creation of a free trade zone between Thailand and the EAEU, and exploring the possibility of settlements in national currencies. Thailand ...
19 June 2025., 10:04   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

Novostal-M Holding visited India Steel 2025 exhibition and conference

A Russian government delegation headed by Mikhail Yurin and the management of Novostal-M Holding visited India Steel 2025 exhibition and conference. India Steel 2025 is the largest platform where representatives of the steel industry, technology suppliers and partners gather annually. India remains the only country in the world where steel demand is growing at 8-10% annually, while many other countries are facing contraction or stagnation. Ivan Demchenko, shareholder of Novostal-M Holding Company, ...
28 April 2025., 11:10   comment

Novostal-M develops sales and presence in Central Asian countries

In 2024, Metallurgical Holding Novostal-M remained among the leaders of Russian exporters of steel products to Uzbekistan. Since the start of operations (June 2022), there have been more than 350 customers in Uzbekistan. The sales volume is 5,000 tons monthly. The Holding has 4 warehouses in Uzbekistan with a total storage capacity of up to 14,000 tons of steel products, said Georgy Kim, Director of the Middle Abroad Division of Novostal-M Metallurgical Holding Company, at the 5th International ...
25 April 2025., 10:15   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