Magnitogorsk Iron and Steel Works (MMK) takes part in the 25th Anniversary Kazakhstan international construction and interior design “AstanaBuild’ 2025” exhibition. The key exhibition event of the country's construction industry takes place from May 28 to 30 at the EXPO exhibition center. This year's exhibition will bring together 95 companies from 9 countries: Kazakhstan, Russia, Belarus, China, Uzbekistan, Germany, Spain, Italy, South Korea and Belarus. At the exhibition MMK' stand primarily ...
South Korean Samsung Display has stopped purchasing Russian gold, tungsten and tantalum, according to the company's reports. Previously, these metals were supplied by Krastsvetmet, Solikamsk Magnesium Plant (part of the mining division of State Corporation Rosatom) and other Russian enterprises. Experts do not rule out that the refusal may lead to an increase in the cost of electronics by 2-5%. Samsung Display, part of Samsung Semiconductor, makes screens for smartphones, including the Apple ...
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 10th International Specialized Exhibition “ SteelStructures’2025 ”, will be held on June 3-5, 2025 at “Timiryazev Center” in Moscow, bringing together manufacturers of metal and steel structures, products, and their consumers. The event will be held at the new exhibition complex “Timiryazev Center” in Moscow. The production volume of steel structures in Russia reaches 4 million tons per year. By 2025, further implementation of infrastructure projects is expected, including high-speed road ...
In April 2025, economic relations between Japan and Russia showed positive dynamics. The total trade volume between the two countries increased by 2.48% compared to the same period last year, reaching a mark of 87.713 billion yen, equivalent to about 607.6 million US dollars. These data are presented in a report by Japan's Ministry of Finance. Total imports of goods from Russia to Japan showed an increase of 5.6 percent, reaching 57.177 billion yen, equivalent to about 396.5 million U.S. dollars. ...
In April, China purchased aluminum from Russia for the highest ever amount of $612.1 million, according to the data of the Chinese Statistical Service, which was analyzed by RIA Novosti. Deliveries in mid-spring grew 1.8 times year-on-year. As a result, the share of Russian companies in China's imports for the year jumped almost twice - to 39.5% from 22.7% in April last year. In addition to Russian companies, large supplies to China were also made by Thailand, which increased sales of these ...
Russia in April increased iron and steel supplies to South Korea to the maximum 67.4 thousand tons in almost a year and a half, according to the data of the South Korean statistical service, which was studied by RIA Novosti. South Korean companies bought 67.4 thousand tons of iron and steel worth $30.3 million from Russian businesses in April, more than triple the level a month earlier in both monetary and physical terms. Shipments were higher last time in December 2023 at 69.1 thousand tons, ...
The US purchases enriched uranium from Russia because it is cost-effective, and Russia is ready to expand the agenda of this cooperation, Alexey Likhachev, Head of ROSATOM, told reporters. The majority of states have not cut pre-existing ties with ROSATOM, he noted. And for Russia, selling uranium to other countries, including the US, is a very profitable business. "Despite all bans, the Americans buy it [uranium] because moneywise, it makes sense for them. In this respect, especially in the ...
Russian companies in mid-spring sold 46 thousand tons of unprocessed aluminum to the South Korean markinet for $126.4 million, which is about twice as much as a year earlier in both physical and monetary terms. Since the beginning of this year, South Korea has purchased 148.2 thousand tons of aluminum from Russia, which is a quarter more than last year's level. The revenue from these supplies amounted to 411 million dollars against 275 million dollars in January-April 2024. Russia became the ...
According to the expert assessment of the Russian Association "Special Steels" (“Spetsstal”), in 2024 the export of main types of stainless steel products from the Russian Federation amounted to 9863 tons (excluding EAEU countries). The volume growth compared to 2023 is 20.1%, relative to 2022 - 9%. “The structure of stainless steel exports was represented by seamless pipes, whose share in the total volume amounted to 41.3% (in 2023 - 43.6%), flat hot-rolled products - 23.4% (8.3%), primary ...
The topic of rare-earth metals was raised during the dialogue between Russia and Afghanistan, Russian Deputy Prime Minister Alexey Overchuk told reporters. He drew attention to the fact that "Russia has all the necessary competencies to conduct geological exploration." "Moreover, back in the days of the Soviet Union, we studied the territory of Afghanistan. Of course, some materials need to be updated, but we are also discussing it," he added. The first Russian-Afghan business forum was held ...
Russia and Pakistan have concluded an agreement on the construction of a steel mill in the city of Karachi in southern Pakistan. It was formalized at a meeting between Russian Ambassador to Pakistan Denis Nazarov and Special Assistant to the Prime Minister of Pakistan Haroon Akhtar Khan. Both parties agreed to establish joint Russian-Pakistani groups for the construction of the new enterprise. It will be located on the site of the liquidated Pakistan Steel Mills (PSM). The Pakistani government ...
The Brazilian government and Russia’s Tenex, a subsidiary of Rosatom (formally known as Techsnabexport, Tenex being its export brand), have launched discussions on the joint extraction of uranium and lithium in the South American republic, the Brazilian newspaper Folha de S.Paulo reported, citing Minister of Mines and Energy Alexandre Silveira. The sides aim first to assess the feasibility of launching joint mining projects, he said, noting that Brasilia expects the partnership with Russia to ...
Rosatom started production of reactor equipment for the first unit of a small-scale nuclear power plant being developed in Uzbekistan under a Russian-led project, the state corporation’s press service told reporters. "Today, Rosatom began manufacturing reactor equipment for the first unit of the small modular nuclear power plant in Uzbekistan," the press service stated on the sidelines of Energy Week, which is taking place in Tashkent on July 13-15. The press service added that Rosatom’s facility ...
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 ...
Brazilian President Luiz Inacio Lula da Silva announced his intention to strengthen cooperation with Russia in the field of rare-earth minerals mining. Following his visit to Moscow and talks with Vladimir Putin, the foreign leader emphasized the importance of joint development of critical minerals for both states. “We have plans to increase our cooperation on exploration and production of critical minerals. Brazil should not miss any opportunities in the energy sector,” he told reporters. Subscription ...
Magnitogorsk Iron and Steel Works (MMK), one of the world’s largest steel producers, took part in the 25th China Int'l Metal & Metallurgy Exhibition, which was held from May 10 to 12 in Guangzhou, China. The Asian market is one of the promising areas for MMK to develop export sales. The company's exposition is focused on hot-rolled coils, which are consistently in high demand among consumers from China and other Southeast Asian countries. Visitors also have access to information about the technologies ...
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 ...
Russia’s Cybersteel, a manufacturer of high-tech seamless stainless pipes, has supplied 400,000 metres of pipes for the construction of the El Dabaa NPP in Egypt. The products intended for the assembly of steam generators were manufactured according to an individual technical specification with a standard size of 16 by1.5 mm from high strength and wear resistant 08X18N10T grade steel. All products underwent comprehensive non-destructive testing of external and internal surfaces, control of geometric ...
At the production site in Chengdu (China, Erzhong Heavy Machinery Plant), the casting of the bed of the 2800 hot rolling mill for Ashinskiy Metallurgical Works was successfully completed. In order to achieve uniform distribution of metal structure along the entire length of the casting, the technology of simultaneous casting by three steel ladles was applied, which will make it possible to achieve the required stand rigidity and ensure maximum rolling force. The project team is focused on the ...