Major Russian steelmakers’ rolled product exports up 27% in September

The principal Russian steelmakers exported a combined total of 1.98 million tonnes of rolled products in September 2012, which is 27% more than in the same month last year, Russian Steel said on Friday October 19.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

Russian Steel, a not-for-profit partnership of steel producers, collects production and sales data from member companies including Evraz, Novolipetsk Steel, Magnitogorsk Iron & Steel, Mechel and Metalloinvest.

The September export volumes of the major steelmakers rose by 3% compared with the previous month, Russian Steel said.

Total exports for the first nine months of 2012 stood at 18.23 million tonnes, up by 23% year-on-year.

The steelmakers sold 2.92 million tonnes of rolled products on the domestic market in September, up by 5% year-on-year but down by 2% month-on-month, Russian Steel said.

The steelmakers’ total domestic sales for the first nine months of the year were 24.34 million tonnes, up by 3% year-on-year.