83,17 $/bar. 91,69 $/rub. 98,56 €/rub. Ni cash 18760 $/tn Ni 3 months. 18950 $/tn LME Ni 79920 tn Ni average 18595 $/tn Charge Cr 1,52 $/lb

Stainless steel imports to Russia rose 54.4% in February 2009

Imports of key stainless steel products to Russia rose 54.4% in February 2009, compared with the previous month, to 9623 tons. Flats still dominate in the imports structure with a share of 71.7%, followed by welded tubes – 12.7%, seamless tubes – 4.6%, billets – 3.1% and wire – 0.7%.

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Over the first two months of 2008, 26916 tons of various stainless steel products had been imported. In 2009, over the same period, imports made only 15856 tons (decrease in the supply volume fell 41.1%).

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You will find more detailed information in the April edition of the monthly ‘Russian Stainless Steel Bulletin’.

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Coming Event:

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International Conference ‘Stainless Steel Exports & Imports’

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23 April 2009, Moscow, Radisson SAS Slavyanskaya Hotel

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The key issue for discussion:

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·          Is it possible to counteract the ambitions of Russian producers?

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·          A new anti-dumping investigation. Which goal is pursued by the claimers?

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·          Preparation to address the Russian government with an application to cancel duties on imports of stainless steel.

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