By the end of 2023, iron ore pellet supplies from Russia to the EU decreased by 21.3% to 1.19 million tons. The indicator fell to its lowest level in the last five years. The newspaper writes about this “Vedomosti” Referring to Eurostat.
In monetary terms, exports fell even more seriously, falling by 38% annually to 419 million dollars. At the same time, supplies intensified in December 2023. The amount of semi-finished products imported from Russia to Europe during the month quadrupled on an annual basis and reached 127.6 thousand tons.
Despite this decline, Russia remains one of the main suppliers of pellets to European countries, providing 45.5% of total imports. Other major importers include Libya, the United States and Venezuela.
Before that, Russia was discussing how the aluminum industry would develop. More details – In the material “socialbites.ca”.
Previously reportedHe said Russia and China increased their trade volumes by almost 10% over the winter.