35,32 $/bar. 71,88 $/rub. 78,44 €/rub. Ni cash 12124 $/tn Ni 3 months. 12199 $/tn LME Ni 233850 tn Ni average 12128 $/tn Charge Cr 1,14 $/lb
  • Consumption

Russian stainless steel consumption in ½ 2019

According to the expert assessment of Spetsstal Association, the volume of consumption of the main types of stainless steel products in Russia in the first half of 2019, if compared to the same period of 2018, decreased by 3.6% to 215.84 kt (000’ tons). 

Consumption of stainless steel CR flats decreased by 7.2%, HR flats -  by 16.7% and slabs/ingots – by 39.0%.

Consumption of long products increased by 0.2%, welded tubes – by 13.6%, seamless tubes – by 17.9% and wire – by 54.2%.

According to Spetsstal Association the share of foreign products in total stainless steel consumption in Russia was 71.5%, and domestic – 28.5% (in ½ 2018 – 72.7% and 27.3% respectively).

In ½ 2019, the most dependent (from foreign products) sectors of stainless steel consumption in Russia were: flat cold rolled products, where the share of imported products was 97.0% (in ½ 2018 – 97.9%), wire – 94.7% (90.4%), flat hot rolled products – 68.3% (74.7%), seamless tubes – 62.8% (52.5%) and slabs/ingots – 51.7% (63.4%).

The share of foreign products in the consumption of welded tubes – 47.1% (43.3%) and long products – 31.0% (29.6%).

 

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