Russian metallurgical companies decide to change the destinations of their exports

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Russian metallurgical companies decide to change the destinations of their exports

The Russian Minister of Industry and Trade, Denis Manturov, announced that the mineral companies in his country have decided to change the destinations of their exports to certain countries, including Turkey.

He added, in a meeting with government officials, on Monday, that the Russian government is in the process of strengthening its support for the auto sector, which is witnessing difficult days due to the foreign sanctions imposed on it.

He indicated that it had decided to raise its support for the sector from 40 to 80 percent by 2030.

Manturov, who drew attention to the sanctions imposed on Russian metal companies, made it clear that they had decided to change their export destinations to countries such as China, Turkey, the CIS countries, Latin America, Africa, the Middle East and Southeast Asia.

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He stressed that Russian metal companies will give priority to these countries with regard to exports.

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