Olkon JSC (Olenegorsk Mining and Processing Plant, part of Severstal ) has launched an investment project to develop the Olenegorsk iron ore deposit, the company's press service said. "The project budget exceeds 5 billion rubles," Olkon General Director Nikolai Seleznev was quoted as saying. The investment plan involves open-pit mining until 2044-2045, transitioning to underground operations thereafter. Development requires relocating existing infrastructure including water pipelines, slurry ...

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, ...

In January-April 2025, 2,558,000 loaded and empty TEU containers were transported through the Russian Railways (RZD) network in all modes of transportation. The year-on-year decrease in the indicators is 0.4%. “Including, more than 1 million TEU were shipped in domestic traffic (-2.3%). The number of loaded containers shipped in all types of traffic exceeded 1.8 million TEU (-2.4%). They transported 26.9 million tons of cargo, (+0.6%), including ..metalware - 139.2 thousand (-3.1% to the level ...