Russian flat rolled stainless steel imports down 16.2 percent in Nov

Wednesday, 13 January 2016 17:18:56 (GMT+3)   |   Istanbul
       

Russian imports of flat stainless steel products in November last year decreased by 16.2 percent month on month to 15,915 mt, including 10,687 mt of cold rolled stainless steel, down 28.3 percent month on month, and 5,228 mt of hot rolled stainless steel, up 30.2 percent compared to the previous month, according to Russia-based SpetsStal Association. 
 
According to SpetsStal Association, the increase in hot rolled stainless steel imports was caused by the decreasing production of hot rolled stainless steel by Russian mining and steel group Mechel‘s subsidiary Chelyabinsk steel mill. In 2015, Chelyabinsk steel mill produced 7,300 mt of hot rolled stainless steel products, down by 40 percent year on year. SpetsStal stated that production volumes were not enough to cover local needs and customers from different consumption industries sought to buy stainless steel from foreign suppliers.

Similar articles

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 11, 2024

14 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 10, 2024

07 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 9, 2024

29 Feb | Flats and Slab

Flat steel prices in local Taiwanese market - week 8, 2024

22 Feb | Flats and Slab

Flat steel prices in local Taiwanese market - week 6, 2024

08 Feb | Flats and Slab

Flat steel prices in local Taiwanese market - week 5, 2024

01 Feb | Flats and Slab

Flat steel prices in local Taiwanese market - week 4, 2024

25 Jan | Flats and Slab

Turkey exhausts some of its EU steel import quotas

17 Jan | Steel News