Share of Stainless Steel Imports to Russia Keep Growing
Russia actively increases imports of stainless steel which for the first nine month of 2011, if compared to the equal period of 2012, rose 20.7% to more than 276.3 th. tons. An appraisal given by SpetsStal Association, indicates the share of STS imports has grown up to 64.7%.
To remind, in Q1-Q3 2010, the share of imports amounted to 61.8% while in Q1-Q3 2009 - only 55.7%.
The most import-dependent consuming sectors are flat-rolled products with the imports share at 71%, wire - 68.8% and welded tubes - 63.8%. This year the 50% threshold was surpassed by longs which share grew from 36.3% in 2010 up to 52.5% in 2011. Close to the 50% threshold come seamless tubes (49.7%) and ingots/slabs (48,7%).
Thus, the main growth in stainless steel consumption in Russia comes from rising imports.
The upcoming international conference 'Stainless Steel Price - 2012' (16 Feb 2012 in Moscow Radisson Hotel) will address the key issues of stainless steel imports, local output and consumption as well as offer multi-opinion outlooks for the coming year of 2012. To register for the conference, please register at http://en.stainless-conference.ru/ or email at ilmark@ussa.su or call +7 (495) 7475995 (Mr. Samir Ilmark).
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