Pig iron exports from Russia declined by 1.6pc to 4.185mn mt in 2020 compared to 2019, as demand for the material firmed up in the domestic market.
According to the Russian customs data, the country exported 881,000mt of pig iron in December.
Russia’s pig iron output inched up by 1pc to 51.68mn mt last year, according to the World Steel Association. The country holds the fourth position in the world among the largest pig iron producers after China, which produced 887.52mn mt of pig iron in 2020, India (100.87mn mt), and Japan (61.60mn mt).