Exclusive: Russia's major exporters cut rail cargo volumes as economy slows, document shows

Reduced Export Volumes: Major Russian exporters like Rusal and Gazpromneft have significantly cut their planned rail shipments of commodities, reflecting a decline in demand as the war economy slows. Russian Railways anticipates transporting 36.7 million metric tons less than previously projected for 2025.

Economic Impact and Sanctions: The document highlights that high-interest rates and increased sanctions on key industries have negatively impacted cargo volumes, with trade turnover between Russia and China down by 7.5% this year. The iron and steel industry, crucial to Russia's GDP, has also seen a drop in production and export revenues due to Western sanctions.