In the face of stiff sanctions, Russian steel companies are capitalizing on experiences gained during the coronavirus pandemic, urgently stepping up their marketing in Turkey and the Middle East, building ties in atypical markets such as Asia and looking for spare parts from outside Europe. Like other Russian companies and entities, the country’s steel industry .
Russia’s hot-briquetted iron and direct-reduced iron capacity is set to more than double over the next five years to over 17 million mt/year, according to projects in the pipeline, meaning the country’s production or procurement of DR-grade pellets needed to feed new HBI and DRI furnaces will also have to double. Alexey Kulichenko, the chief .
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