Russian exports of stainless steel products in the January-February period of this year decreased by 61.4 percent year on year to 602 mt, according to Russia-based SpetsStal Association. In February alone, Russia's stainless steel exports increased by 20.5 percent month on month to 329 mt.
In particular, in February this year, exports of stainless billets decreased by 78.3 percent to 5 mt, ERW stainless steel pipe exports went down by 48 percent to 13 mt, exports of flat products of stainless steel decreased by 16.1 percent to 99 mt, exports of seamless stainless pipes decreased by 17.5 percent to 33 mt and exports of long stainless steel products decreased by 23.7 percent to 45 mt, all on month-on-month basis.
Russia's stainless wire exports rose to 125 mt in February this year compared to 1 mt in January, while exports of pipe fittings increased to 9 mt in February compared to 1 mt in January.