August brings lowest results for stainless steel imports

January-August

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According to Spetsstal’s appraisal, the volume of imports of stainless steel products to Russia in January-August 2009, if compared to the same period of the previous year, is down by 50.3% to 59506 tons. The major losses were observed in imports of flats -56.9%, wire -54.1%, seamless tubes -45.7, longs -42.2% and welded tubes -28.4%. The only sector of stainless steel imports that saw a rise was slabs with +4.7%.

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August

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The volume of stainless steel imports to Russia in August 2009, if compared to July, decreased 24.6% to 5799 tons. This figure is the lowest result in 2009. The falling imports lead to supply deficit in the sector of immediate delivery. Already now Russia’s inner market is lacking supply of flat products from main stainless steel grades.

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Coming UP:

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Do not miss out on the core Stainless Steel Event in Russia. Early-bird registration before 15 October 2009 http://stainless-conference.ru/registration_en.php

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August brings lowest results for stainless steel imports

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