63,23 $/bar. 58,90 $/rub. 69,43 €/rub. Ni cash 11170 $/tn Ni 3 months. 11250 $/tn LME Ni 374850 tn Ni average 11036 $/tn Charge Cr 1,39 $/lb

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14.12.2017

Stainless steel consumption in Russia increased by 23.7%

The Russian stainless steel market is actively developing. The main increase in consumption is due to an increase in imports, which in 2017 will exceed 365 thousand tons, while the total costs of Russian importers will exceed USD 1 billion.

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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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