Major Russian steelmakers’ rolled product exports up 3.2% in November

Combined exports of the principal Russian steelmakers grew by 3.2% year-on-year to 1.96 million tonnes of rolled products, according to statistics released by Russian Steel.

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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 November export volumes of the major steelmakers were up 4.6% compared with the previous month, Russian Steel said.

Total exports for the 11-month period stood at 22.04 million tonnes, up 7.5% from 2011.

The steelmakers sold 2.43 million tonnes of rolled products on the domestic market in November, up by 1.6% year-on-year but down by 8.4% month-on-month, Russian Steel said.

The steelmakers’ total domestic sales for the first 11 months of the year were 29.06 million tonnes, up by 1.7% year-on-year.

The steelmakers’ total production stood at 4.39 million tonnes of rolled steel in November, up 2.3% year-on-year, and down 3% month-on-month.

The steel product output for the first 11 months of the year was up 4.1% at 51.11 million tonnes.