{"id":1265898,"date":"2025-07-21T14:28:05","date_gmt":"2025-07-21T11:28:05","guid":{"rendered":"https:\/\/prm.ua\/russian-authorities-cannot-stop-the-decline-of-the-metallurgical-industry-intelligence\/"},"modified":"2025-07-21T14:28:05","modified_gmt":"2025-07-21T11:28:05","slug":"russian-authorities-cannot-stop-the-decline-of-the-metallurgical-industry-intelligence","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/russian-authorities-cannot-stop-the-decline-of-the-metallurgical-industry-intelligence\/","title":{"rendered":"Russian authorities cannot stop the decline of the metallurgical industry \u2013 intelligence"},"content":{"rendered":"

The decline in Russian metallurgy continues. This sector of the Russian economy lost more than 7 percent of production in 2025.<\/strong><\/p>\n

This was reported<\/a> by the Foreign Intelligence Service of Ukraine.<\/p>\n

Russian metallurgy lost 8.6% of steel production in 2024, and another 7.2% in the first quarter of 2025. Export prices fell by 26% in rubles, and domestic demand decreased to 39 million tons compared to 43\u201345 million in 2024. Sales abroad also fell – by 6 million tons or about 10% of 2024 volumes.<\/p>\n

“Large manufacturers are reducing operations and recording losses. Magnitogorsk Metallurgical Plant reported a decrease in steel production by 18%, pig iron – by 9%. Product sales fell by 11-20%. Novolipetsk Plant recorded losses of $15.77 million in the first quarter of 2025, while sales profit decreased 11 times,” the SZR noted.<\/p>\n

Despite statements by Russian high-ranking officials about reducing taxes for metallurgists and launching infrastructure projects, fiscal constraints and the budget deficit are nullifying the implementation of such measures.<\/p>\n

The intelligence also notes that social tension is growing in Russian society due to high unemployment risks in industrial regions.<\/p>\n

It was previously reported that Russia’s coal industry is in crisis due to the loss of the European market and falling world prices. A third of enterprises are on the verge of closure<\/a> .<\/p>\n

As reported, the war against Ukraine, sanctions, and increased spending on the military-industrial complex have led to an increase in prices for basic food products in Russia.<\/a><\/p>\n

In addition, ordinary Russians are massively defaulting on their credit card debts<\/a> . Payments on 8.3 million credit cards are overdue for more than three months.<\/p>\n

Also follow \u201cPryamim\u201d<\/strong> on Facebook<\/a> , Twitter<\/a> , Telegram<\/a> , and Instagram<\/a> .<\/p>\n","protected":false},"excerpt":{"rendered":"

The decline in Russian metallurgy continues. This sector of the Russian economy lost more than 7 percent of production in 2025. This was reported by the Foreign Intelligence Service of Ukraine. Russian metallurgy lost 8.6% of steel production in 2024, and another 7.2% in the first quarter of 2025. Export prices fell by 26% in […]<\/p>\n","protected":false},"author":63,"featured_media":581601,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76870,76871,76872,76892],"class_list":["post-1265898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","category-news-2","category-news-feed","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1265898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1265898"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1265898\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/581601"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1265898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1265898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}