58,12 $/bar. 57,34 $/rub. 67,46 €/rub. Ni cash 11675 $/tn Ni 3 months. 11745 $/tn LME Ni 385656 tn Ni average 10963 $/tn Charge Cr 1,39 $/lb

Stainless steel consumption in Russia increased by 17.5%

According to Spetsstal Association, the volume of stainless steel consumption in Russia in the first half of 2016, if compared to the same period of 2015, increase by 17,5% to 183.89 thousand tons. At that, the volume of domestic output decreased by 2,2% to 57.59 thousand tons, exports increased by 15.0% to 2.42 thousand tons and imports - by 29.1% to 128.72 thousand tons.
The share of stainless steel imports amounted 70.0% (1/2 2015 – 63.7%).
Consumption of stainless steel flats rose by 26.2% to 112.90 thousand tons, longs – by 8.3% to 35.95 thousand tons, wire – by 33.1% to 3.73 thousand tons, seamless tubes – by 3.1% to 13.61 thousand tons and welded tubes – by 1.7% to 15.89 thousand tons.
Consumption of slabs/ingots fell by 17.0% to 1.79 thousand tons.
The most comprehensive analysis and outlook of the Russian stainless steel market will be presented at the upcoming 11th International Conference “Stainless Steel Price – 2017” which will be held in Moscow on 16 February 2017.
To learn more information and register, please proceed http://stainless-conference.ru/eng.
If you are able to offer competitive products to Russian stainless steel market participants, then we invite you to take part in the upcoming conference.
Do not hesitate to ask us any questions.

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