According to the RF Federal Customs Service statistics, during the first month of 2019 Russia exported 3.4 mn tons of ferrous metals, up 1.1% year-on-year, but down 19.4% month-on-month.
In terms of value, ferrous metals export declined 6.5% year-on-year and 21.3% month-on-month down to $1.6 bn.
Intermediate iron and unalloyed steel products export was up 1.2% year-on-year and down 17.8% making 1.3 mn tons. In terms of value, this commodity export decreased 3% year-on-year and 22.9% month-on-month down to $556.5 mn.
Iron and unalloyed steel flat section export declined 10.4% year-on-year and 15.3% month-on-month down to 652.1 thousand tons. In terms of value, iron and unalloyed steel flat section export decreased 16.3% year-on-year and 16.4% month-on-month down to $360.4 mn.
Cast iron export grew 38% year-on-year but dropped 71.9% month-on-month amounting to 209 thousand tons tons. In terms of value, cast iron export was up 32.1% year-on-year and down 72% month-on-month to $75.8 mn.
Ferroalloys export surged 38.4% year-on-year and 24.4% month-on-month up to 75 thousand tons worth $126.3 mn, up 47.2% year-on-year and 15% month-on-month.