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 ...

Nornickel, the world’s largest producer of palladium and a major producer of Class I nickel, platinum and copper, announces preliminary consolidated production results for the first quarter of 2025. Senior Vice-President — Operating Director, Alexander Popov commented on the production results, "In 1Q 2025, platinum production increased, whereas the output of other metals was slightly lower than a year ago. The modest decline of nickel production was temporary and due to scheduled short-term ...