Russia’s stainless steel imports down 3.4 percent in November from October

Russian imports of stainless steel products in November this year decreased by 3.4 percent month on month to 31,285 mt, according to Russia-based SpetsStal Association. 

 

In particular, in November Russia’s flat rolled stainless steel imports decreased by one percent, while its stainless steel seamless pipe imports fell by 48 percent, electric welded stainless steel pipe imports declined by 22.6 percent and stainless steel pipe fittings imports increased by 9.5 percent, all month-on-month. In the same month, Russia’s stainless steel long product imports indicated an increase of four percent compared to October. 

In the January-November period of this year, Russia’s imports of stainless steel products totaled 275,000 mt, increasing by 28.5 percent compared to the same period of the previous year.