89,23 $/bar. 91,78 $/rub. 98,03 €/rub. Ni cash 19180 $/tn Ni 3 months. 19400 $/tn LME Ni 77784 tn Ni average 18080 $/tn Charge Cr 1,52 $/lb

Russia stainless steel consumption rises high in 1H 2011

According to SpetsStal’s appraisal, consumption of stainless steel in Russia in 1H 2011, if compared to the same period in 2010, rose 26.2% to 174.7 thousand tons.

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Russia stainless steel consumption in 1H 2011, tons

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Stainless steel consumption in Russia has demonstrated excellent results in 1H 2011. 2008’s record of 156.3 thousand tons has been overcome. The reason to the rising of stainless steel consumption is in robust demand from the end-user sector (various industrial branches and construction). Consumption of stainless steel flats rose 20.5%, longs – 41.9%, wire – 10.7%, slabs and ingots – 51.9%, seamless tubes – 31.2% and welded tubes – 29.0%.

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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\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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Y-o-Y change in stainless steel consumption in Russia (tons)

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Products

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½ 2006

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½ 2007

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½ 2008

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½ 2009

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½ 2010

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½ 2011

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+/-%

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Flats

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78218

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67853

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87434

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42575

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86329

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104051

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20.5

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Longs

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31862

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38859

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38170

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15854

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26783

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38011

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41.9

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Wire

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4118

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4491

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4842

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2329

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3721

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4118

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10.7

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Slabs and ingots

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3637

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3443

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2089

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2545

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2234

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3393

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51.9

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Seamless tubes

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5396

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8410

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10858

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6862

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9884

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12964

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31.2

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Welded tubes

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10278

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14250

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12997

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9364

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9440

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12181

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29.0

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Total:

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133509

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137306

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156390

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79529

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138391

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174718

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26.2

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You will have an excellent chance of getting all the latest details about the Russian market for stainless steel, if you register and attend the Upcoming event:

II International Conference ‘Russian Stainless Steel Consumer’

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20 October 2011, Moscow Radisson Hotel
Discounted registration is open before 16 September 2011.
Details and Registration at http://www.stainless-conference.ru/invitation_en.php

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Do not miss out on this important business opportunity!

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