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, ...

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 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, ...

Business Russia is an All-Russia Public Organization which represents the interests of private non-resource businesses – local industry leaders. The organization was founded in 2001 and unites more than 7 thousand entrepreneurs and more than 400 deputies of federal and regional parliaments in Russia. The total number of employees at the enterprises of Business Russia is about 3 million people and the total annual revenue of companies owned or headed by Business Russia members is estimated at ...

First Deputy Prime Minister Denis Manturov announced the potential for increasing Russian exports to Indonesia, particularly in metallurgy and the forestry sector. This statement was made during an expanded meeting of the Russian-Indonesian intergovernmental commission. He emphasized the importance of diversifying the structure of export supplies from Russia to Indonesia, noting positive trends in this direction. Manturov highlighted promising opportunities for expanding exports of metallurgical ...

In the last month of winter, the United States bought the largest amount of platinum from Russia in the past four months. This was reported by RIA Novosti, citing U.S. Customs data. The transaction amounted to $91.8 million. Notably, imports of this precious metal into the U.S. have increased for three consecutive months, with a 8.3% rise in February. As a result, Russia managed to retain its position as the second-largest supplier of platinum to the American market. South Africa remained in ...