73,18 $/bar. 100,22 $/rub. 105,81 €/rub. Ni cash 15805 $/tn Ni 3 months. 16095 $/tn LME Ni 159408 tn Ni average 15736 $/tn Charge Cr 1,52 $/lb

Imports increase vs exports decrease

Over the last nine months of 2007, if compared to 2006"s equal period, Russian imports of primary stainless steel products grew 5.6% to 121414 tons while exports slumped 6.8% to 11054 tons. 
 

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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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Imports vs exports for 9 months of 2007 (tons)

\r\n

Product

\r\n

Imports

\r\n

+/-%

\r\n

Exports

\r\n

+/-%

\r\n

Flats

\r\n

72260

\r\n

-7.8

\r\n

5800

\r\n

7.4

\r\n

Long

\r\n

17240

\r\n

37.0

\r\n

3230

\r\n

-22.4

\r\n

Wire

\r\n

2150

\r\n

27.9

\r\n

178

\r\n

-22.3

\r\n

Seamless tubes

\r\n

9930

\r\n

43.3

\r\n

1373

\r\n

8.5

\r\n

Welded tubes

\r\n

16720

\r\n

31.4

\r\n

123

\r\n

-63.7

\r\n

Slabs/billets

\r\n

3114

\r\n

21.5

\r\n

350

\r\n

-25.3

\r\n

Total:

\r\n

121414

\r\n

5.6

\r\n

11054

\r\n

-6.8

\r\n

 

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The March 2007 imposition of an anti-dumping duty on nickel-breaing steels from the EU along with the considerable price hike for these steels in the first half of 2007 made a negative effect on the imports as a whole. Over the first three quarters of 2007, the apparent flat imports decreased 7.8% to 72260 tons. According to experts" appraisal, the volume of flat imports is likely to go down 5-6% by the end of 2007 to the mark of ~ 100 thousand tons. Flat exports over the mentioned period grew 7.4% to 5800 tons.

Experts mark out a significant shift in the geography of imports.

All crucial topics regarding the growth of the world"s and Russia"s stainless steel market will be discussed at the forthcoming II International Conference "Price 2008. Stainless steel flat and long products" that will take place on 24th January 2008 in Moscow in the Radisson SAS Slavyanskaya Hotel. 

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Keynote presentations will be delivered by: ArcelorMittal Stainless,  Heinz H Pariser Alloy Metals & Steel Market Research, BIR, Dneprospetsstal (Ukraine), Kontinental (Russia),  Orinnox (Russia), Spetsstal Association …

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The participants will have a worthwhile chance to meet and network with top executive persons of Russia"s biggest stainless steel producing and trading companies.

\r\n

 

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The official website of the Conference http://www.inox-conference.ru/inox2008.php

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Before December 10, 2007 participants are welcome to enjoy a discounted registrations.

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