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Russia sees 10 percent drop in October stainless steel imports from September levels

Monday, 13 December 2010 09:25:22 (GMT+3)   |  
       

According to the data issued by the Russian Special Steel and Alloys Consumers and Suppliers Association (Spetsstal), in October this year Russia's stainless steel product imports decreased by 10 percent month on month to 18,056 mt.

Of total Russian stainless steel product imports in October this year, 56.7 percent was accounted for by flats, 18.3 percent was accounted for by longs, nine percent consisted of electric-welded pipes, 8.7 percent was made up of seamless pipes, three percent was accounted for by wire, while billets accounted for 2.2 percent. 

 

USD

mt

Flats >600 mm

20,122,728

8,029

Flats <600 mm

7,807,648

2,572

Longs

13,251,590

3,313

Wire

1,981,483

543

Seamless pipes

9,738,071

1,577

Electric-welded pipes

6,311,452

1,626

Billets

1,319,120

396

Total

60,532,092

18,056

In October, the leading region in stainless steel supplies to Russia was Asia which accounted for 54.3 percent of the country's total stainless steel imports. Meanwhile, the top five countries supplying stainless steel to Russia in October were China, Ukraine, South Korea, Taiwan and India.

Leading regions in  stainless steel  supplies in October

 

Asia

Europe

America

Africa

Other

mt

9,796

4,105

268

417

3,470

Share in %

54.3

22.7

1.5

2.3

19.2

 
 

USD

mt

Share in %

1

China

9,267,192

3,299

18.3

2

Ukraine

14,979,107

3,130

17.3

3

South Korea

5,295,705

2,645

14.6

4

Taiwan

4,989,970

2,165

12

5

India

4,133,450

1,449

8


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