In March this year, Russia’s stainless steel imports totaled 39,940 mt, up by 84.0 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, stainless hot rolled steel, stainless long steel, stainless seamless pipes, stainless welded pipes and stainless wire grew by 87.0 percent, 69.0 percent, 142.0 percent, 123.0 percent, 11.0 percent and 98.0 percent, respectively, month on month.
In March, China, which accounted for 78.0 percent of the total supply, was the main supplier of stainless products to Russia. China was followed by India with 9.0 percent, Indonesia with 6.0 percent, Slovenia with 3.0 percent and Turkey with 2.0 percent.