. May

Russia to resume supplies of rolled products to India

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 ...
27 May 2025., 10:40   comment

China purchased a record $612.1 million worth of aluminum from Russia

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 ...
26 May 2025., 10:30   comment

MMK outlined its interest in the Asian market at the Guangzhou exhibition

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 ...
13 May 2025., 10:15   comment

Russian and Chinese companies strengthen cooperation

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 ...
05 May 2025., 10:40   comment