MOSCOW TIME: 19.04.2024 03:08:35

Export/Import

Russia Expands Ferrous Metals Export

Russia Expands Ferrous Metals Export

From January to June, 2018 Russia’s export of ferrous metals has amounted to 23.565 mln tn and increased by 13.8% compared to the same period of the previous year.

For the first six months of 2018 export of cast iron has increased by 34.5% to 3.029 mln tn, while export of semi-finished products of iron or non-alloy steel has grown by 13.7% to 8.172 mln tn.

In the first half of 2018 ferrous metals export has stood at $11.879 bn and increased by 33.1% in terms of value. So, export value of cast iron supplies has increased by 48.4% to $1.106 bn and export value of semi-finished products has increased by 44.8% to $4.135 bn.

In June ferrous metals export has increased by 9.9% compared to the previous month and amounted to 4.342 mln tn, including 813.7 thous.tn of cast iron (a 2.2-fold increase) and 1.362 mln tn of semi-finished products (a 0.3% decrease).

In June export value of ferrous metals has increased by 10.7% to $2.225 bn, export value of cast iron has doubled to $306.8 mln, and export value of semi-finished products has decreased by 3.2% to $6958 mln.

Source: www.vestifinance.ru 

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