Russia's ferrous metal rail shipments down 5.3% in January-October

Russia's shipments of ferrous metals by rail monopoly Russian Railways (RZD) fell 5.3% year-on-year in the first ten months of 2013 to 58.4 million tonnes, the company said.

The drop reflected lower output levels at the country’s major steelmakers. Total rolled steel output at Russia’s principal steelmakers fell 3.3% year-on-year in the first...


November 05, 2013

17:37 GMT