Russian Iron Ore Market

摘要

The iron ore self-sufficiency keeps improving in Russia. NLMK continues expanding production capacities at Stoylensky GOK owing to construction of additional beneficiation section. Severstal is investing into development of Yakovlevsky Mine to raise sintering ore production. Besides, Kimkano-Sutarsky and Bystrinsky GOKs will scale up concentrate output in the forecast period, which will add to the oversupply in the segment.