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

Russia\'s stainless steel output up by 10.8%

 

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According to Spetsstal Association, over the first four months of 2008, as compared to the same period of 2007, Russian output of basic stainless steel mix grew 10.8% to 50 thousand tons.

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Stainless steel output in Russia over January-April 2008 (tons)

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Product

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2007

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2008

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изм.%

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Flats

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21429

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22569

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5.3

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Longs

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14195

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17987

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26.7

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Wire

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1856

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1714

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-7.7

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Seamless tubes

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3782

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3660

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-3.2

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Welded tubes

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2765

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2927

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5.9

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Forgings

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1298

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1347

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3.8

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Total

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45325

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50204

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10.8

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The output structure comprises 45% of flats, 35.8% of longs, 7.3% of seamless tubes, 5.8% of welded tubes, 3.4% of wire and 2.7% of forged pieces.

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