78,09 $/bar. 73,01 $/rub. 85,68 €/rub. Ni cash 19180 $/tn Ni 3 months. 19125 $/tn LME Ni 164034 tn Ni average 19579 $/tn Charge Cr 1,56 $/lb
  • Import

Russian stainless steel imports in 2020

According to an estimate by SpetsStal Association, the volume of Russian stainless steel import in 2020, if compared with 2019, increased by 3.8% to 382.21 kt (000’ tons). 
Imports of CR flat-rolled products increased by 7.5%, HR flat-rolled products - by 7.8%, bars/rods products - by 8.7%, welded tubes – by 5.5% and slabs/ingots - by 33.8%.
Imports of seamless tubes decreased by 35.7% and wire – by 17.7%.

Expenses of Russian importers decreased by 6.1% to 912.76 Mill US dollars.

The following countries took a leadership in stainless steel supplies to Russia in 2020: China with a share of 39.8% out of the whole imports (in 2019 – 42.9%), India – 13.8% (11.4%), Indonesia – 7.8% (4.3%), Taiwan – 7.3% (9.5%) and South Korea – 5.6% (6.0%).
Out of the top 5 countries, China decreased stainless steel supplies to Russia by 3.7% to 152.37 kt, Taiwan – by 20.5% to 27.88 kt and South Korea – by 1.9% to 21.56 kt.
India increased stainless steel supplies to Russia by 26.1% to 52.90 kt and Indonesia – by 90.6% to 29.92 kt.

Spetsstal Association (Russia) invites you to take part in the online conference "Stainless steel price - 2021", which will take place on March 25, 2021 (12.00-15.45 Moscow time).
Leading analysts of the global and Russian stainless steel markets will present their reports at the conference:
- Markus Moll, Managing Director of SMR GmbH,
- Andrey Voronin, Executive Director of the Spetsstal Association.

Thematic reports:
Outlook for the global stainless steel market.
Opportunities and risks for producers, distributors and fabricators.
Russian stainless steel market. Year-end results and development prospects.
Dependence on the external market, deferred demand and rising domestic prices.

The conference is aimed at producers, importers and exporters of stainless steel products.
The conference will provide detailed information on Russian import, production, export and consumption of the main types of stainless steel products in 2020/2019 (CR & HR sheet/coil/strip, CR & HR bar/billets, wire, welded & seamless tube/pipe).
Participation fee is 290 USD (if paid before March 12).

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