87,69 $/bar. 94,32 $/rub. 100,28 €/rub. Ni cash 17870 $/tn Ni 3 months. 18005 $/tn LME Ni 73572 tn Ni average 17621 $/tn Charge Cr 1,52 $/lb

Stainless Steel Imports Gather Pace

The re-vitalization of stainless steel consumption in Russia as well as a general growth of external market prices have prompted importers to increase supply of stainless steel.

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According to an expert appraisal by Spetsstal Association, imports of stainless steel products to Russia in March, if compared to February, rose 29.6% to 15195 tons.

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Imports of flats rise by 28.5%, longs are up by 87% and welded tubes gain 31.6%. 

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\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
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Russia Stainless Steel Imports (tons)

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Products

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January

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February

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March

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Change

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+/- %

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Flats

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6052

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8310

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10677

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28.5

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Longs

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792

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1047

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1958

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87.0

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Wire

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162

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317

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229

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-27.8

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Billets

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38

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57

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27

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-52.6

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Seaml. tubes

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579

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810

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742

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-8.4

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Welded tubes

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380

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1187

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1562

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31.6

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Total:

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8003

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11728

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15195

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29.6

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 We would like to remind you of the ongoing registration for

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The International Conference ‘STAINLESS STEEL IN THE OIL & GAS INDUSTRY’

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that will be held on the 22nd June 2010 in Moscow, in the Radisson SAS Slavyanskaya Hotel

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on the same week with Russia’s leading oil and gas industry exhibition NEFTEGAZ 2010 (21-25 June, Moscow).

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Confirmed speakers include:

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* Markus Moll, Director, SMR

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* Sergey Frolov, Marketing Director, Acroni Metal Ravne (IMH Group)

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* Alexey Orlov, Director, Orinnox Ltd.

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* Andrey Voronin, Executive Director, Spetsstal

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Get more details and register for the conference at http://ussa.su/oilgas2010

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