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Severstal Steel Solutions announced record plans for the metal construction market

The updated strategy of Severstal Steel Solutions is aimed at ensuring the best reliability of supply in the market, optimizing the construction...

The ban on Russian nickel became a “growth driver” for prices on the London Metal Exchange

The US and UK governments have imposed sanctions that will ban the import of nickel produced in Russia - more than two years after the start of the...

Shares of Norilsk Nickel and Rusal fell amid soaring prices for copper and aluminum

This contradictory behavior of securities of Russian companies is to blame for new US sanctions against Russian metallurgists....

OJSC MMK-METIZ, with the support of the Federal Investment Fund, opened a new production of fasteners and wire

The main strategic goal of OJSC MMK-METIZ is the creation of a high-tech complex for the production of modern types of metal products....

Russian LNG exports to Europe hit a historical high in November

In total, in November, Russia exported more than 2.9 million tons or 4 billion cubic meters of liquefied natural gas to the EU countries....

Russia may extend restrictions on the export of ferrous metal scrap

According to the bill, exports within the allocated quotas for destinations outside the Eurasian Economic Union (EAEU) are subject to an export duty...

Russia sharply increased stainless steel production

According to the report of the Federal State Statistics Service of the Russian Federation “On the socio-economic situation of Russia”, in September...

The Russian automobile market grew by 120% in September

Chinese manufacturers are filling the gap in the Russian market left by the departure of Western brands...

Abu Dhabi poached assets of Russian steel tycoon Vladimir Lisin from Cyprus to the UAE

One of the richest businessmen in the Russian Federation, Vladimir Lisin, transferred his shares in the Novolipetsk Iron and Steel Works (NLMK) and...

Rinat Akhmetov demands $3.5 billion compensation from the Russian Federation for property destroyed by the war

The damage caused by Russia's aggressive war against Ukraine is estimated by Metinvest in relation to its tangible and intangible assets at $3.542...

New generation high-strength pipes successfully tested in Russia

The new pipe is designed for difficult sections of the gas pipeline, including crossings under roads and underwater crossings. Previously, such...

Canada introduces a total ban on imports of Russian aluminum and steel

Thus, against the backdrop of the situation around Ukraine, Ottawa limits the flow of revenues to the Russian budget. The agency clarified that the...

The United States will increase duties on more than 100 types of metals, minerals and chemicals from Russia

The United States will increase duties on more than a hundred types of Russian metals, minerals and chemicals, the Joe Biden administration announced...

Ukraine arrested Russian metallurgical assets

Today, the total value of the seized assets exceeds UAH 1 billion. Among those arrested are 12 land plots, a seaport complex, apartments,...

Taiwan bans stainless steel exports to Russia and Belarus

Taiwan was one of the leading suppliers of stainless steel in Russia. According to the estimates of the Spetsstal Association, its share in stainless...

S&P: Russia will continue to dominate the steel export market in the Black Sea region

Russian steel exporters, still active on the Black Sea spot market, are cutting production, increasing domestic sales, or trying to export more to...

The Government of the Russian Federation extended the preferential import of equipment for the extraction of coal and ore

Enterprises engaged in the extraction of metal ores, coal and a number of other solid minerals will be able to import equipment and raw materials...

Metinvest says loopholes in European sanctions allow Russia to continue steel supplies

According to the CEO of a Dutch mining and metallurgical holding, a loophole that gives many Russian producers a two-year delay in importing Russian...

The state will not support the export of metals from Russia - Ministry of Industry and Trade of the Russian Federation

This year, according to the forecast of the Russian Ministry of Industry and Trade, steel production in the Russian Federation will decrease by 6–8%,...

Russia will allocate more than $700 million for the production of domestic aircraft engines

The Government of the Russian Federation allocates more than 40 billion rubles for the production of aircraft engines for civil aviation....

The European Union has sharply increased purchases of Russian titanium

According to the statistical service of the European Union, in September, exports of Russian titanium to the EU increased by 39% to 578.7 tons....

Russian steel production fell by 6%

The Russian Ministry of Industry and Trade announced an increase in steel demand in the domestic market that began in the third quarter....

UK extends ban on Russian gold imports

The supply of gold processed in third countries and containing gold from Russia is now prohibited, as well as the import of gold jewelry, expanding...

EU extends anti-dumping duties on cold rolled steel from China and Russia

Anti-dumping duties in the range from 19.7% to 22.1% have been preserved for imported metal products of Chinese metallurgists, for Russian ones -...

The Federal Antimonopoly Service of the Russian Federation is preparing a draft law allowing to adjust the antimonopoly fines of metallurgists

In February, the Federal Antimonopoly Service found major Russian metallurgists guilty of violating antimonopoly law and ordered them to stop abusing...

Russian manufacturers accused of inflating prices for armored steel after the announcement of mobilization

Russian metallurgists reacted to the start of the "second stage of mobilization" as expected, raising prices for armored steel by 7-14...

Chinese aluminum producers will benefit from the stoppage of trading in Russian metals on the LME - Platts

Thanks to production cuts and the plans of the London Metal Exchange, aluminum prices in China have risen steadily, inventories are rapidly...

Gazprombank stops operations in Switzerland

The Board of Directors of Gazprombank (Switzerland), part of the Gazprombank (GPB) Group, has decided to cease operations in the Swiss financial...

Russian steel production in 2022 may fall by 10% - government forecast

Russian metallurgists have been seriously affected by the sanctions, reducing their presence in the European market. The draft strategy for the...

European Council bans imports of Russian semi-finished steel under new package of sanctions

Despite the resistance of metallurgical enterprises and traders, the EU included in the eighth package of anti-Russian sanctions a ban on the import...

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