Russia: metal exports down in 2017

According to the customs statistics, in 2017 Russia decreased ferrous metals exports by 2.2% YoY, to 42.4 million tons, valued at $18.76 billion, up by 33%. The share of metal exports to far foreign countries grew to 10.2% from 9.8%. Export volumes dropped by 2%, but increased by 28.8% money-wise. Aluminum exports decreased by 4.3%,…