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Articles with tag "metals"

Russia’s Metals Industry Faces Layoffs, Shortened Workweeks – Reuters

"There is a quiet cutback going on in the metals industry," a Reuters source said, citing weak demand, high interest rates and the strong ruble as the...

Russia Plans Bankruptcy Moratorium to Shield Struggling Steelmakers – Kommersant

Analysts said that the proposal is aimed primarily at coal and steel producer Mechel, which is controlled by Igor Zyuzin.
2 Min read

Russia Nearly Doubles Precious Metals Exports to China in 2025 – Bloomberg

With Western markets largely closed, China has become one of the few remaining major outlets for Russia’s lucrative precious metals trade.
1 Min read

Russian Steel Giant Reports Sharp Output Decline

Russia’s total steel production fell 8.6% in 2024 and another 7.2% in early 2025, the steepest drop among major producing countries.
2 Min read

Metallurgical Plants in Occupied Ukraine Seek Russian State Aid Amid Industry Crisis

Metallurgical and coking plants in the Russian-occupied Donetsk and Luhansk regions face declining demand, falling prices and soaring production costs...
2 Min read

Abramovich Faces London Lawsuit Over Norilsk Nickel Asset Deal

The move escalates an already complex and acrimonious legal battle that has raged for more than 15 years.
2 Min read

Russia’s Top Ferroalloy Producer to Cut Workweek Amid Metallurgy Crisis

The Chelyabinsk Electrometallurgical Plant said it has been forced to launch an “anti-crisis program.”
2 Min read

Russian Steel Executive Rings Alarm Bells for Struggling Industry

A strengthening ruble and high interest rates have choked demand and profitability, making imminent production cuts and plant closures a possibility.
2 Min read

Russia’s Rusal to Cut Aluminum Production Amid Rising Costs, Sluggish Demand

Rusal said it would cut output by 250,000 metric tons as profit margins are squeezed by record-high alumina prices.
1 Min read

China Disguising Imported Russian Copper as Scrap to Avoid Sanctions – Reuters

The shredded metal is harder to trace, making it easier to sell to Chinese manufacturers and keep doing business with buyers wary of Russia.
2 Min read
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