According to the RF Federal Customs Service statistics, during 2020 Russia exported 40.1 mn tons of ferrous metals, down 1.3% year-on-year. In terms of value, ferrous metals export declined by 11.8% down to $16 bn.
Intermediate iron and unalloyed steel products export was down 11.8% year-on-year to 13 mn tons. In terms of value, it decreased by 20.1% down to more than $4.8 bn.
Iron and unalloyed steel flat section export in 2020 increased by 9.7% year-on-year up to 7.6 mn tons worth more than $3.6 bn, down 3.6%.
Cast iron export during 2020 declined by 1.6% year-on-year down to 4.2 mn tons worth $1.3 bn, down 9.3%.
Ferroalloys export in 2020 decreased by 10.2% year-on-year down to 730.5 thousand tons worth $887.3 mn (-27.6%).
According to the RF Federal Customs Service statistics, in December 2020 ferrous metals export was up 58.2% year-on-year and up 94.9% month-on-month to 4.8 mn tons. In terms of value, it grew by 52.8% year-on-year and by 73.2% month-on-month to make $1.9 bn.
Intermediate iron and unalloyed steel products export in December 2020 was up 0.2% year-on-year and up 85.7% month-on-month making 1.3 mn tons. In terms of value, it increased by 11.2% year-on-year and by 84.4% month-on-month to $526.3 mn.
Iron and unalloyed steel flat section export in December 2020 was up 23% year-on-year and up 17.9% month-on-month making 669.7 thousand tons worth $361.2 mn (up 33.9% year-on-year and up 22.7% month-on-month).
In December 2020, cast iron prices in the global market reached a 9-year maximum. As a result, Russia’s export of cast iron in December made 881 thousand tons, up 3.-8 fold year-on-year and up 8.6-fold month-on-month. In terms of value, it amounted to $286.8 mn, up 4.2-fold year-on-year and up 8.8-fold month-on-month.
Ferroalloy export in December 2020 was down 10.4% year-on-year and down 15.8% month-on-month to 52.3 thousand tons. In terms of value, it declined by 12.5% year-on-year and by 6% month-on-month to make $71.7 mn.