Russia’s stainless steel output falls in Jan-Nov 2024
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Update time : 2025-01-13 17:42:59
According to statistics from the Russian Federal State Statistics Service (Rosstat), Russia’s stainless steel production totaled around 22,600 tons in November last year, rising by 12% compared to the preceding month but falling by 28% from the same month a year earlier.
In the first 11 months of 2024, Russia produced a total of roughly 257,000 tons of stainless steel, a year-on-year decrease of 14%, with domestic demand principally upheld by the general and medium engineering industries.
The Russian Special Steel and Alloys Consumers and Suppliers Association (USSA) last year predicted that Russia’s stainless steel imports would hit a record high in 2024.
