14,235.83 TRY BIST 100 BIST 100
48.52 USD USD USD
7.29 CNY CNY CNY
56.13 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.28 TRY Interest Interest
107.37 USD Fossil Oil Fossil Oil
6.39 USD Copper Copper
98.76 TRY Silver Silver
95.55 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
94.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Russian pipe market in decline

Production volume of large-diameter pipes in December 2023 amounted to 196 thousand tons, which is 11% more than the level of the previous month and 19% lower than December 2022.

Russian pipe market in decline

Production volume of large-diameter pipes in December 2023 amounted to 196 thousand tons, which is 11% more than the level of the previous month and 19% lower than December 2022. VMZ (VSW) has the largest production volume in December 2023 - 77 thousand tons of LDP. Production for 12 months amounted to 2,388 thousand tons, which is 13% lower than the previous level.

In December 2023, exports amounted to 11 thousand tons (33.7 in November). The main exporters were Vyksa MZ - 5 thousand tons, Chelyabinsk TPZ - 2 thousand tons, Zagorsky TZ - 2 thousand tons. All factories supplied products to Kazakhstan, Uzbekistan and Azerbaijan. Based on the results of 12 months. In 2023, LDP exports amounted to 443 thousand tons of pipes, which is 1.9 times higher than the previous level. Manufacturers are actively replacing the lost volume of shipments to the EU with supplies to the CIS countries and Asia. Deliveries to Kazakhstan in 2023 increased by more than 3.6 times, supplies to Uzbekistan also increased by 1.8 times, Belarus by 3 times and to Azerbaijan by 11.5 times (low base effect in 2022).

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

UK prepares to take Speciality Steel UK into public ownership

Tuesday, September 15, 2026

India’s metallurgical coke imports heading toward record high

Tuesday, September 15, 2026

Jindal Steel builds world’s longest road using steel slag

Tuesday, September 15, 2026

Moeve and ArcelorMittal establish joint platform for industrial decarbonisation

Monday, September 14, 2026

Türkiye’s automotive production declined by 7.3% in January-August

Monday, September 14, 2026
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