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12 Jan
12:02

Russia ramps up steel, pipe output in 2023

Russia increased steel production in December, according to data from domestic analytical company Chermet. The country’s steelmakers produced 6.3 million tonnes of crude steel and 5.5mt of rolled products, up 9.2% year-on-year and 11.7% y-o-y respectively, Kallanish notes. 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 December, 1.1mt of pipe was produced, up by 6.4% on-year. In January-D…
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