MOSCOW TIME: 13.04.2021 01:31:40

Export/Import

Russian Ferroalloy Exports Grow in Physical Terms, Remain Same in Value

Russian Ferroalloy Exports Grow in Physical Terms, Remain Same in Value

Russian had to increase its exports of ferroalloys by 8% in physical terms to 122,000 tons in the first two months of 2018 to maintain the same level of proceeds from these exports as last year, $193.8m.

The key Russian ferroalloy exporters are traditionally Kemerovo Region which accounted for 81% of the total in the first quarter of 2018 in South-Western Siberia and Chelyabinsk Region (21%) and Sverdlovsk Region (19%) in the Urals.

The structure of Russian ferroalloy exports:

· ferrosilicon (which Russia is the world’s biggest supplier of) to $104.5m (54%);

∑ ferrochrome to $42.2m (22%);

∑ ferrosilicomanganese to $10.8m (6%);

∑ ferromolybdenum to $9.4m (5%);

∑ ferromanganese to $7.8m (4%);

∑ ferrotungsten and ferrosilicotungsten to $7m (3.6%);

∑ ferrotitanium and ferrosilicotitanium to $5.99m (3.1%);

∑ other ferroalloys, including ferrovanadium, ferronickel, ferrosilicochrome to $6.1m (3.2%).

Russia exported ferroalloys to more than 40 countries in January and February 2018, the biggest two importers being the Netherlands which accounted for one third of its exports (34%), and Japan (22%).

“Ś„Ť:

Russia Ferroalloy Exports

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