Translom analysts believe that in May 2025 prices for Russian square billets will adjust downward in a limited range. Weakening prices for raw materials and semi-finished products on the export market and strengthening of the ruble against the US dollar will put multidirectional pressure on quotations of Russian suppliers and contribute to limited supply. At the end of April quotations of semi-finished products from Russia decreased to 420-430 $/t FOB. Subscription to news
The Brazilian government and Russia’s Tenex, a subsidiary of Rosatom (formally known as Techsnabexport, Tenex being its export brand), have launched discussions on the joint extraction of uranium and lithium in the South American republic, the Brazilian newspaper Folha de S.Paulo reported, citing Minister of Mines and Energy Alexandre Silveira. The sides aim first to assess the feasibility of launching joint mining projects, he said, noting that Brasilia expects the partnership with Russia to ...
Rosatom started production of reactor equipment for the first unit of a small-scale nuclear power plant being developed in Uzbekistan under a Russian-led project, the state corporation’s press service told reporters. "Today, Rosatom began manufacturing reactor equipment for the first unit of the small modular nuclear power plant in Uzbekistan," the press service stated on the sidelines of Energy Week, which is taking place in Tashkent on July 13-15. The press service added that Rosatom’s facility ...
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 ...
The State Scientific Research and Design Institute for Rare-Metal Industry (JSC Giredmet, a research and design institute of the Rosatom state corporation) and the Indian Council of Scientific and Industrial Research have signed a declaration on cooperation in the field of rare and rare-earth metals, according to the corporate publication Rosatom Country. "The document envisions a qualitative enhancement of academic, scientific and research cooperation and interaction between Russian and Indian ...
The Russian long products market spent the holiday break on the whole quite well. Visible demand on working days was at a high level, as many consumers purchased metal in stock. Weather deterioration was a bit of a problem in some regions, but it should soon return to normal. Prospects for the second half of this month are assessed differently by market participants, but the approaching summer gives hope for further expansion of consumption volumes. Nevertheless, there are also many risks for ...
Russia is sitting on coal reserves that will last it more than 500 years, Russian Deputy Prime Minister Alexander Novak wrote in an article for Energy Policy magazine. "The development of new coal mining hubs will provide up to 250 million tons of additional production capacities by 2050. The environmentally friendly and safe mining of reserves remains our priority," he noted. According to Novak, by 2050 the industry will be made up of high-tech, modern enterprises operating under strict environmental ...
Brazilian President Luiz Inacio Lula da Silva announced his intention to strengthen cooperation with Russia in the field of rare-earth minerals mining. Following his visit to Moscow and talks with Vladimir Putin, the foreign leader emphasized the importance of joint development of critical minerals for both states. “We have plans to increase our cooperation on exploration and production of critical minerals. Brazil should not miss any opportunities in the energy sector,” he told reporters. Subscription ...
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 ...
By early May, export prices for Russian steel had fallen to the levels of the crisis year 2022. This affected both semi-finished and remanufactured steel products. The escalation of trade conflicts and steel overproduction will lead to a further decline in value, experts predict. The trend of 2025 in terms of pricing in the market, in their opinion, will be regionalization: prices in Asia, Europe and the U.S. for the same brand of rolled products can differ by hundreds of dollars. Export prices ...
Russia has proposed to India a series of measures to expand imports of Russian coal, the Russian Energy Ministry said after Coal Industry Department director Pyotr Bobylev visited the country. For example, Russia suggested signing an intergovernmental agreement to support imports of coking coal as well as establishing supply volumes for thermal coal. "Given the Indian steel industry's rising demand for coking coal, we see a lot of potential in the development of Russian-Indian cooperation in ...
EN+ GROUP IPJSC (the “Company”, “En+” or the “Group”) (LSE: ENPL; MOEX: ENPG), the world’s leading vertically-integrated independent producer of low-carbon aluminium and renewable energy, announces that on 28 April 2025 its Board of directors has reviewed and preliminary approved its 2024 Consolidated (Annual) report (hereinafter referred to as the Consolidated report). It is available on the Company's website in PDF format. Subscription to news
According to the report of the Federal State Statistics Service (Rosstat) ‘On the Socio-Economic Situation of Russia’, the metallurgical production index in the Russian Federation for March 2025 was 97.9% year-on-year, down from 97.2% in the first quarter. Production of unalloyed steel in ingots/other primary forms and semi-finished products in March decreased by 4.4% year-on-year to 4.8 million tonnes, with an 8.6% improvement on the previous month. YTD production was down 2.6% to 13.8 million ...
Russia’s Cybersteel, a manufacturer of high-tech seamless stainless pipes, has supplied 400,000 metres of pipes for the construction of the El Dabaa NPP in Egypt. The products intended for the assembly of steam generators were manufactured according to an individual technical specification with a standard size of 16 by1.5 mm from high strength and wear resistant 08X18N10T grade steel. All products underwent comprehensive non-destructive testing of external and internal surfaces, control of geometric ...
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 ...
Rusal has started reducing production volumes as part of optimization of its aluminium output capacities amid record alumina prices, having cut them by 10%, Vice President Elena Bezdenezhnykh said in an interview with Vedomosti newspaper. "Aluminum production has been declining, indeed, unfortunately. The process started late last year. We have slashed volumes by 10%, evenly at all plants, including in Siberia. The reasons are obvious, the sanctions pressure. That said, I would stress that no ...
Dmitry Pukhnarevich, Director of Project Solutions Sales Department of EVRAZ Trading Company, presented on the topic "EVRAZ on the Central Asian and South Caucasus Markets: Products and Services for Regional Consumers" at the 5th International Conference “ Iron & Steel Market of Central Asia and the Caucasus ” which was held in Tashkent at the end of April. He highlighted the key product being promoted – the I-beam for project solutions. Currently, EVRAZ has approximately 3,000 active projects ...
On April 24-25, Tashkent hosted the 5th International Conference “ Iron & Steel Market of Central Asia and the Caucasus ”, organized by "Metal Supply & Sales" Magazine. General partner of the event was Novostal-M Holding. The conference was supported by Tashkent Metallurgical Plant and ENTER STEEL Company. The region, which became the center of attention of the conference participants, is now seriously changing, new metallurgical and metal processing facilities have appeared here, breakthrough ...