Russia: ferrous metals railroad transportation changing destination
In January Russia transported 5.9 million tons of ferrous metals via its railroad network, up by 7.3% YoY. The key importers, which increased volumes, were Turkey (up by 25% YoY), Taiwan (up by 10%) and the USA (up 1.5-fold). At the same time Italy decreased imports by 15%. In the short term ferrous metals exports…