Industry News

Russia’s stainless steel imports rebound in Mar

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Update time : 2023-04-19 17:35:50
According to statistics from the Russian Special Steel and Alloys Consumers and Suppliers Association (USSA), Russia imported nearly 40,000 tons of stainless steel in March this year, soaring by 84% compared to the previous month and rising by 43% from the same month a year ago.

Among them, the imports of cold-rolled stainless steel hiked by 87%, hot-rolled stainless steel rose by 69%, welded pipes increased by 11%, seamless pipes surged by 123%, and long products soared by 142%.

Russia’s stainless steel imports from China accounted for the largest proportion at 78%.

Driven by strong demand, Russia’s stainless steel imports are rebounding, said the association.
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