Russia one of the largest Iron and Steel exporter, has exported around 52 MnT of raw materials and finished product (Iron Ore, Coal, Ferrous Scrap, Pig Iron and Flat Steel) in Q1’17. Exports were down by 4% from around 54 MnT in Q4’16 and up by 6% from around 49 MnT in Q1’16.
Major Commodities Exported by Russia:
| Commodities | Q1 2016 | Q4 2016 | Q1 2017 | %age Change in Q1’17 and Q4’16 | %age Change in Q1’17 and Q1’16 |
| Coal | 40.37 | 43.48 | 42.89 | -1% | 6% |
| Iron Ore | 4.10 | 5.33 | 4.54 | -15% | 11% |
| Ferrous Scrap | 1.03 | 1.36 | 0.65 | -52% | -37% |
| Pig Iron | 1.19 | 1.37 | 1.18 | -14% | -1% |
| Flat Steel | 2.25 | 2.43 | 2.41 | -1% | 7% |
| Total | 48.94 | 53.97 | 51.67 | -4% | 6% |
Source: Customs
Quantity in MnT
Major Export Destination for Russian Products:
Leave a Reply