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 maintain position

According to SpetsStal's estimate, the share of imports in the aggregate consumption of stainless steel in Russia from Jan till Sep 2012 amounted to 64.8%. It is worth reminding that in the equal period of 2011 it equated to 64.7%.

The most import-dependent sectors in Russia are: stainless steel flats, wire, seamless and welded tubes. Over a period from Jan till Sep 2012, compared to the same time frame in 2011, the share of imports in the stainless steel consumption was growing in the following sectors: flats – up to 78.2% (in Q1-Q3 2011 – 71.0%) and seamless tubes – up to 55.8% (49.7%).

In the following sectors the share of stainless steel imports decreased: longs – down to 38.6% (52.5%), wire – down to 66.9% (68.8%), welded tubes – down to 50.3% (63.8%) and slabs/ingots – down to 34.9% (48.7%).

You can get the most comprehensive and up-to-date reviews of the Russian stainless steel industry and market, by attending the forthcoming 7th International conference 'Stainless Steel Price' which will be held in Moscow on 21 February 2013. To register, please proceed to http://en.inox-conference.ru

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