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Russia reduced supplies of titanium and copper to the EU since the beginning of the year

20 november 2023

The EU member states purchased 5083.3 tons of titanium and 56,000 tons of refined copper from Russia from January to September 2023.

As follows from the data of the EU statistical agency, year-on-year purchases decreased by 21% and 79%, respectively.

In monetary terms, imports of Russian titanium for 9 months decreased by 11%, and imports of copper dropped by 80%.

In September, the European Union purchased 510.7 tons of titanium from Russian producers, an increase of 59% compared to the previous month. However, year on year, imports decreased by 12%. Most of the metal - 188.8 tons - was purchased by German consumers (+15% compared to August).

The highest increase in imports was recorded in the Netherlands: the country imported 30.5 tons of Russian titanium, increasing purchases by 857%. In addition, Austria increased purchases by 365% to 15.9 tons.

Total copper supplies to the EU countries in September increased by 113%, to 7050.2 tons. Russia increased metal exports to Italy from 1,207 to 6,625 tons, and shipments to Spain fell from 1,748 to 79 tons. At the same time, copper supplies to the Netherlands remained flat.

Alex Shishlo for Rough&Polished