Russian steel product imports drop in 2020


According to the data from Russian Federation Customs, Russia imported approximately 5.2 million tons of steel products in 2020, dropping by 27.6% from the previous year.

In December, the imports of ferrous metal products were around 400.000 tons, compared to 330,000 tons in November. Also, the imports of steel pipe were falling by 57.8% year on year to almost 430,000 tons.

Besides, Russia exported roughly 400,000 tons, going down by 1.7% from 2019.