In May this year, Russia’s stainless steel imports totaled 46,250 mt, down by 10.3 percent compared to the previous month, according to Russia-based SpetsStal Association.
In the given month, in terms of volume, Russia’s imports of stainless cold rolled steel and stainless hot rolled steel decreased by 21.5 percent and 0.4 percent, respectively. On the other hand, imports of stainless long steel, stainless seamless pipes, stainless welded pipes and stainless wire grew by 24.1 percent, 13.4 percent, 59.7 percent and 19.2 percent, respectively, month on month.
In May, China, which accounted for 54.8 percent of the total supply, was the main supplier of stainless products to Russia. China was followed by India with 36.0 percent, Indonesia with 3.1 percent and Turkey with 3.0 percent.
