Russia’s stainless steel imports hike in Oct
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Update time : 2021-11-18 16:56:31
According to the Russian Special Steel and Alloys Consumers and Suppliers Association (USSA), Russia’s stainless steel imports totaled around 45,200 tons in October this year, hiking by 13.1% compared to the previous month.
Among them, the imports of stainless steel cold-rolled flat products were up by 12.4%, those of stainless steel hot-rolled flat products hiked by 37%, long products imports rose by 3.8%, and imports of stainless steel seamless pipe slid by 45%, all month on month.
China was still the largest import source of Russia’s stainless steel products in October, accounting for 51.1% of the total imports, followed by India’s 22.4%, Indonesia’s 7.9%, Ukraine’s 3.4%, and South Korea’s 2.2%.
In the first ten months of this year, Russia imported roughly 368,200 tons of stainless steel products, a year-on-year increase of 13.7%.
