Russian Metal Exports and War against Ukraine.


Russian Metal Exports.

The Russian company Norilsk Nickel is one of the largest nickel producers in the world.

How has Russian war against Ukraine affected this company’s sales?

Net Income in Rubles: (per half year).

  • Jun 2023: 61 Billion
  • Dec 2022: 31 Billion (402 B full year)
  • Jun 2022: 371 Billion
  • Dec 2021: 180 Billion (471B full year)
  • Jun 2021: 291 Billion
  • Dec 2020: 250 Billion

Average monthly sales:

  • 2021 was 39.25 billion.
  • 2022 was 33.50 billion.
  • 2023 was 10.10 billion.

In 2021, Europe accounted for over 50% of Norilsk Nickel’s sales, about 20 billion rubles per month.

North and South America were 16%, about 6.3 billion rubles per month.

Asia accounted for 27%, about 10.6 billion rubles per month.

In 2023, Europe’s share fell to 24%, about 2.4 billion rubles per month.

North and South America dropped to 10%, about 1 billion rubles per month.

Asia accounted for 54%, about 5.5 billion rubles per month, about half of the 2021 monthly average.

Sourced from various Google searches for “Norilsk Nickel Net Income”.

 


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