83,86 $/bar. 91,31 $/rub. 98,47 €/rub. Ni cash 18760 $/tn Ni 3 months. 18950 $/tn LME Ni 79920 tn Ni average 18595 $/tn Charge Cr 1,52 $/lb

September hits records in stainless steel imports in 2009

According to an expert appraisal by Spetsstal Association, stainless steel imports to Russia in September, comparing to August, rose 71% to 10.8 thousand tons. This is the best result since the beginning of 2009.

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The rise in stainless steel imports may signify that the worst time for the Russian market has passed. The market is in an expectation of a slow but stable restoration of stainless steel consumption. However there is still far to go.

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January-September

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The actual capacity of the Russian market for stainless steel from January to September, compared to the same period of 2008, decreased 47.7% to 70.8 thousand tons. The major loss was in flats -53.6%, wire -50.3%, seamless tubes -43.9%, longs -41.9%, welded tubes -25.5% and billets -15.8%.

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The in-depth analysis of imports, exports and consumption of stainless steel in Russia will be made in a presentation ‘Status Quo and Outlook for the Development of the Russian Stainless Steel Market’ by Andrey Voronin, Executive Director of Spetsstal Association, at the 3rd International Conference ‘Stainless Steel in Nuclear & Power Machinery Construction’ (13 November 2009, Moscow, ExpoCenter at Krasnaya Presnya).

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The conference is bringing together key Russian stainless steel importing, trading, distributing and consuming enterprises along with the world"s leading stainless steel producers and metal service centers.

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Confirmed Participants: (as of 27.10.09)

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Acerinox Scandinavia AB, Acerinox Norways AS, Outokumpu, Outokumpu ZAO, Machine-Building Plant ZiO-Podolsk JSC, Sinara Tube Plant, ELEMASH Machinery Construction Plant, Kaluga Turbine Works, OMZ JSC, Energomash JSC, TMK Trade House JSC, Nizhny Novgorod Machine Building Plant JSC, Energomash (Belgorod) JSC, Scientific-Production Enterprise MashProject, Asha Steel Works, VSMPO-AVISMA Corp., BHP Billiton, Loeser GmbH, Energo KS Trade House, MV Group Ltd., Special Steels and Alloys Co., PM Resource Ltd., Germes PKF, OrgPisheProm JSC, Galleon Trade House JSC, Metal One Corporation, Ileko Ltd., Mercury-Metal-Group Trade House, Oscar Trading Group, et al. ONLY TOP MANAGERS!

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Confirmed Speakers and Presentations:

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Sustainable Stainless: a Bright Future

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Pascal Payet-Gaspard, Secretary General, International Stainless Steel Forum (ISSF)

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Status Quo and Outlook for the Development of the Russian Stainless Steel Market

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Andrey Voronin, Executive Director, Spetsstal Association

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Indian Stainless Steel Industry and Future Outlook

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R.K. Goyal, Executive Vice President, Jindal Stainless Ltd.

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Stainless Steel & Related Raw Materials - Status Quo, Trends and Price Outlook

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Thomas Feichtner, Market Analyst, SMR - Steel & Metals Market Research

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Stainless Steel Tubes in the World’s Atomic Industry

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Oleg Kulyk, Business Manager in CIS and Baltic Countries, TUBACEX, S.A.

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The specifics of application of thick-gauged stainless steel sheets in manufacturing of nuclear power engineering machinery

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Nikolay Belokopytov, General Director, Baltic Stainless Steel JSC

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The Lessions of Crisis: A New Configuration of the Russian Stainless Steel Market

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Vladimir Serovikov, Executive Director, Kontinental GK

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The Impact of Restrictions on the Foreign Trade and Its Implications on the Development of the Stainless Steel Market

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Alexey Orlov, Director, Orinnox

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There is still a whole week to register for the conference!

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REGISTER NOW!  http://www.stainless-conference.ru/registration_en.php  

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