Russia’s cold-rolled steel exports and domestic sales both declined in November

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In November, the supply of cold-rolled steel coils from Russian steel mills is expected to continue to decline, influenced by weak domestic demand and steel mill equipment maintenance. 27R095 Grain oriented electrical steel, The entire market will remain under pressure as neither supply nor demand shows significant improvement.

Russia's total cold-rolled steel shipments in November are expected to decrease by 6% month-on-month, falling to approximately 304,000 tons. Domestic supply is projected at 240,000 tons, a further 5% decrease month-on-month. On one hand, equipment restrictions at steel mills have reduced production; on the other hand, downstream demand remains weak, and even with low inventory levels, it's difficult to incentivize traders to increase purchases. 27R095 Grain oriented electrical steel, With limited resources, the market supply and demand have remained relatively balanced, preventing steel mills from significantly lowering prices throughout November.

Due to technological limitations, steel mills' exports have also declined, with November sales estimated at approximately 65,000 tons, a 9% decrease month-on-month.

According to data, Russia's total cold-rolled steel shipments from January to October 2025 are projected to reach approximately 3.35 million tons, a year-on-year decrease of 11%. 27R095 Grain oriented electrical steel, Domestic sales are projected at 2.62 million tons, a significant year-on-year decrease of 17%; exports are projected at 730,000 tons, a year-on-year increase of 19%.

  • Source: Abstract
  • Editor: Shirley

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