Severstal, one of the world’s most efficient metals and mining companies, for the second year is working out the issue of placement of yuan bonds in the infrastructure of China. Irina Butenko, head of the mining and metallurgical company's treasury department, told about it at the Russian-Chinese investment and legal forum. “We definitely see this as one of the main sources of financing in the near future,” she said. “Severstal is considering bond placement in China as one of the possible channels ...

China's copper imports from the United States fell 1.9 times to $204.8 million in March this year, according to Chinese customs. This was the minimum for bilateral trade since April 2023 and is noticeably less than the average level of purchases for last year (371.9 million dollars, RIA Novosti reported. The main beneficiary of this decline was Russia, which in March became the second major source of copper for China. Russian exports for the year rose by $495.4 million, or 2.7 times, to $790.9 ...

According to Chinese customs data, the first two months of 2025 saw a significant rise in imports of certain non-ferrous metals from Russia to China, reports “Kommersant”. Purchases of copper and copper products surged nearly 1.5 times, reaching $711.77 million. Nickel imports grew 2.8-fold to $233.38 million, while aluminum imports rose by 29.5% to $895.95 million. Based on London Metal Exchange (LME) prices, the supply volumes are estimated at approximately 72,000 tons, 14,500 tons, and 340,000 ...