Russia says non-ferrous metals exports can rise by 1.7% in 2023

MOSCOW, May 31 (PRIME) -- Russia's non-ferrous metals exports will likely rise to 1.431 trillion rubles in 2023 from 1.407 trillion rubles in 2022, the Industry and Trade Ministry said on Wednesday.

Output can rise to 2.527 trillion rubles from 2.522 trillion rubles, while the market is to shrink to 1.099 trillion rubles from 1.198 trillion rubles.

Production of ferrous metals may decrease to 5.85 trillion rubles from 6.053 trillion rubles. Exports can fall to 1.749 trillion rubles from 1.971 trillion rubles. The market may expand to 4.864 trillion rubles from 4.826 trillion rubles.

(80.6872 rubles – U.S. $1)

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