45.63 $/bar. 59.66 $/rub. 66.68 €/rub. Ni cash 9170 $/tn Ni 3 months. 9200 $/tn LME Ni 375852 tn Ni average 8864 $/tn Charge Cr 1.54 $/lb

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23.06.2017

Stainless steel consumption in Russia increased by 34.2%

According to Spetsstal Association, the volume of stainless steel consumption in Russia in the first quarter of 2017, if compared to the same period of 2016, increased by 34.2% to 114,009 tons. At that, the volume of domestic output increased by 0.3% to 29,787 tons and imports - by 45.7% to 84,951 tons. Exports decreased by 32.5% to 729 tons In Q1 2017 the share of foreign products in total stainless steel consumption in Russia was 74.5%, and domestic – 25.5% (in Q1 2016 – 67.8% and 32.2% respectively). Consumption of stainless st...

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Analytics

Prices for stainless steel products continue to decrease

In June 2015 the price situation on the domestic market was affected by a significant reduction in business activity. Solvent demand has decreased, while the volume of supply is still very high. To maintain the turnover several metal trading companies have reduced their selling prices to the level of almost zero profit. Naturally, this has reflected on the overall price situation.Average prices for cold-rolled flat products AISI 304 2B decreased by 0.7% to 212,930 RUB/t (inc.VAT 18%), AISI 321 2B - by 0.9% to 228,020 RUB/t, AISI 430 2B - by 2.2% to... read more »

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