Amid weak domestic demand, China is ramping up its steel exports — including to Russia. In the first five months of the year, exports of iron, steel, and related products to Russia grew by approximately 16% in value terms, compared to an increase of just 1.3% in 2024. For now, exports are primarily focused on stainless and specialty steels not produced in Russia. However, in some Russian regions, standard construction-grade long products from China have already begun to appear. According to ...
In April 2025, Russian ferrous metal shipments to Turkey showed significant growth, increasing 1.5 times compared to the same period last year. According to the Turkish Statistical Service, exports totaled $253.6 million, the highest since December 2024. Month-on-month growth in shipments reached 23.4%, emphasizing the steady demand for Russian steel products. In the first four months of this year, the total volume of ferrous metal exports from Russia to Turkey exceeded 922 million dollars, ...
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, ...