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12 Feb

Russia decreases steel, pipe output in January

Russia decreased steel production in January, according to data from domestic analytical company Chermet. The country’s steelmakers produced 6.1 million tonnes of crude steel, down 0.6% year-on-year, Kallanish notes. The volume of rolled products amounted to 5.2mt, which is flat compared to January 2023. In full-year 2023, steel production increased by 5.9% on-year to 75.8mt and rolled metal by 5.8% to 65.6mt. In January, Russia produced 1mt of pipe, 6.6%…
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