Key Takeaways
- Russian steel industry contributed 1.8% to GDP in 2022, valued at $45 billion.
- Steel sector employment totaled 350,000 direct jobs in 2022.
- Tax revenues from steel industry $8.2 billion in 2022.
- CO2 emissions from steel industry 150 million tons in 2022.
- NLMK reduced specific emissions by 12% to 1.8 tCO2/t steel in 2022.
- Russia's steel plants installed 2.5 GW renewable capacity by 2023.
- Russia exported 28.4 million tons of steel products in 2022, down 28% from 2021 due to Western sanctions.
- In 2023, steel exports to Turkey surged to 4.2 million tons, up 45% y-o-y.
- Semi-finished steel exports from Russia reached 16.7 million tons in 2022, 60% of total exports.
- NLMK exported 10.2 million tons of steel products in 2022.
- Severstal's revenue from steel sales was $10.8 billion in 2022.
- MMK produced 12.5 million tons of commercial steel products in 2022.
- In 2022, Russia produced 71.5 million metric tons of crude steel, marking a 1.2% decrease from 2021 due to sanctions and supply chain disruptions.
- Russian steel production capacity reached 88.2 million tons per year in 2023, with 82% utilization rate amid geopolitical tensions.
- In Q1 2023, crude steel output in Russia was 17.8 million tons, down 6.5% year-on-year, primarily from reduced operations at blast furnaces.
In 2022, Russian steel fueled GDP and jobs but faced 35% lower export revenue to $19B.
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Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Priya Chandrasekaran. (2026, February 13). Russia Steel Industry Statistics. Gitnux. https://gitnux.org/russia-steel-industry-statistics
Priya Chandrasekaran. "Russia Steel Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/russia-steel-industry-statistics.
Priya Chandrasekaran. 2026. "Russia Steel Industry Statistics." Gitnux. https://gitnux.org/russia-steel-industry-statistics.
Sources & references
55 datasets cited across this report · attribution is report-level

