Trade between Russia and Developing Countries in Mineral Resources and Metals: Priority Areas

Denis Viktorovich Cherashev
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Denis Viktorovich Cherashev: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2026, issue 03, 43-62

Abstract: Russia is an important and reliable supplier to developing countries of a number of basic ferrous and non-ferrous metals, primarily those of large-tonnage and mass-produced. At the same time, the Russian industrial sector exhibits a high, and often critical, dependence on imports of a various types of ores and concentrates, metals, and metal products from these countries. Complete refusal to import such products in favour of domestic production would require enormous eff orts and a prolonged period, during which the other rival countries in this highly competitive market could seize the initiative. Thus, it is advisable for Russia to continue its pursuit of access to mineral resources of the developing countries with a view to ensuring the continuity of supplies.

Keywords: industrial metals; metal consumption; trade in refined metal; metallic ores and concentrates; metal prices; developing countries; Russia on metal market; mining industry; ferrous metallurgy; non-ferrous metallurgy; dependence on import of metals; metal export; rare metals; rare-earth metals (search for similar items in EconPapers)
JEL-codes: F10 (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2026_03_43-62

DOI: 10.64545/2072-8042-2026-3-43-62

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