Russian metals are breaking all records! Exports to China are rapidly increasing amid Western sanctions. According to Chinese customs, aluminum shipments grew by 56%, copper by 66%, and nickel even doubled! And this is just for the first five months of 2025.
Russian companies are adapting to the new conditions. 'Rusal' quickly launches iron into the Chinese market to offload stocks. 'Norilsk Nickel' has already established itself in China, collaborating with a local partner. However, sanctions still complicate matters: London and Chicago have banned Russian metals, while the European Union is gradually pushing Russians out of their own markets.
The top tier of Russian metallurgy has not received personal sanctions, but they are already feeling the restrictions. China is now Moscow's main partner, replacing Europe and making the Russian economy critically dependent on the Asian market.