Russia: metal exports down in H1 2019

According to the customs statistics, in January-June Russia exported $206.5 billion worth of products, down by 3.6% YoY. The share of metal and wares was 9.5%, down from 10.4% last year. The share of exports to far foreign countries totaled 8.9% (10.1%), and to the CIS countries – 13.3% (12.8%). The cost of exports dropped…

Russia: metal exports down in June 2019

In June local demand for ferrous metals showed a positive dynamics of 0.6% YoY. Unfavorable world market situation negatively affected the exports, which fell by 18.3%. At the same time the local demand for non-ferrous metals dropped sharply – by 22.7%. Rusal decreased exports by 16.7%, but since the start of the year increased them…