10,871.08 TRY BIST 100 BIST 100
48.55 EUR EUR EUR
41.97 USD USD USD
5.93 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
550.00 TRY Interest Interest
64.62 USD Fossil Oil Fossil Oil
64.46 USD Silver Silver
5.17 USD Copper Copper
107.59 USD Iron Ore Iron Ore
344.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,334.68 TRY Gold (gr) Gold (gr)

Russian steel production shows a decline

Despite a general decline in steel production volumes in Russia between January and April 2024, some segments, such as steel pipe, showed growth in certain months.

Russian steel production shows a decline

In the first four months of 2024, 18.8 million tonnes of crude steel in ingots and semi-finished products were produced, 5.2% lower than in the same period of the previous year. Production volumes in April decreased by 10.9 % compared to April 2023 and by 6.3 % compared to March 2024.

Finished steel production in January-April 2024 was 20.5 million tonnes, down 3.3% from the same period last year. The decrease in April was 6% compared to April 2023 and 2.4% compared to March 2024.

Steel pipe production in April 2024 increased by 4.9% yoy, while it decreased by 1.8% compared to March 2024. In the first four months of 2024, steel pipe production was 4.2 million tonnes, down 5.5% compared to January-April 2023.

Pig iron production was 17.3 million tonnes in the first four months of 2024. Pig iron production in April decreased by 9.9% yoy and by 6.3% compared to March 2024.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye’s energy imports decreased by 3.6% in september

Friday, October 31, 2025

The Customs Authority and Qatar Steel signed a Memorandum of Understanding to regulate the export of scrap iron

Friday, October 31, 2025

Koç Metalurji invests USD 3.5 million in CCM at Osmaniye plant

Thursday, October 30, 2025

Russia may allow scrap exports to Mongolia and Uzbekistan

Thursday, October 30, 2025

BIR: Uncertainty and restrictions increase in the global stainless steel markets

Thursday, October 30, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now