Since 2013, Abinsk Electric Steel Works (AESW is part of the Novostal-M Holding) has smelted 16 million tons of steel. “This is not just a figure — it is a symbol of stable growth, a clear strategy, and team strength. The figures speak for themselves. AESW is operating at full capacity, and each year is higher than the previous one. Behind these results is the work of all workers and smelting cycles,” Novostal-M reports. Novostal-M is an active long-term participant of Metal-Expo exhibitions. ...

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 ...

Russian steelmakers are proposing to index the cut-off price used to calculate the excise tax on steel, which was set at 30,000 rubles per tonne in 2022, by accumulated inflation over the past four years, Severstal CEO Alexander Shevelev said in an interview with Interfax on the sidelines of the St. Petersburg International Economic Forum. "We have submitted our proposals to the relevant ministries. They are still being discussed. We don't know what the final decision on the excise will be," ...

"In my opinion, we cannot even rule out halting some metallurgical production facilities in the Russian Federation to balance supply," Shevelev said during an interview with the Rossiya-24 television channel. "I hope it won't come to that, and we'll manage to somewhat loosen the tight grip of monetary policy in time. But currently, all signs indicate we might face situations including even halting operations at some plants with unfavorable production costs," he said. When asked whether Severstal ...

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, ...

The average price for rolled steel in the domestic market of Russia in 2025 will decrease by 11% compared to the level of last year. This forecast is given in their review by experts of the analytical company “Euler Analytical Technologies”. According to the company's forecast, the cost of 1 ton of hot-rolled steel at manufacturers (EXW basis - ex-works) this year will be $543. Last year 1 ton of rolled products in Russia could be bought for $608, in the first quarter of 2025 the weighted average ...

Steel production of NLMK Group in 2024 decreased by 2.1% to 14.3 million tons (dynamics is given without taking into account the long products division). NLMK said in its annual report that sales of the Group's steel products amounted to 15 million tons, which is 1.6% lower than in 2023. “In 2024, the Issuer's operating indicators demonstrated downward dynamics against the backdrop of reduced demand from end consumers in the steel products market, in particular from the construction and energy ...