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 ...

The State Scientific Research and Design Institute for Rare-Metal Industry (JSC Giredmet, a research and design institute of the Rosatom state corporation) and the Indian Council of Scientific and Industrial Research have signed a declaration on cooperation in the field of rare and rare-earth metals, according to the corporate publication Rosatom Country. "The document envisions a qualitative enhancement of academic, scientific and research cooperation and interaction between Russian and Indian ...

Russia has proposed to India a series of measures to expand imports of Russian coal, the Russian Energy Ministry said after Coal Industry Department director Pyotr Bobylev visited the country. For example, Russia suggested signing an intergovernmental agreement to support imports of coking coal as well as establishing supply volumes for thermal coal. "Given the Indian steel industry's rising demand for coking coal, we see a lot of potential in the development of Russian-Indian cooperation in ...

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, ...

In the past fiscal year - from April 1, 2024 to March 31, 2025. - Russia increased coking coal supplies to India almost 1.7 times to 8.2 million tons. This is stated in the April review of the Indian analytical company Bigmint. In total, India bought 57 million tons of coking coal on foreign markets during these 12 months - 0.7% less than a year earlier. Thus, Russia provided 16% of all Indian imports in this nomenclature, according to Bigmint data. The largest supplier to the country was Australia ...