Russia has announced that stainless steel imports into the country rose by 20.8% during 2021 compared to 2020. The news was released by SpetsStal, the Russian Special Steel Association.
The total volume of the stainless-steel imports to Russia was 463,040mt.
The growth has been split down to a 33% increase in the imports of stainless cold rolled steel, a 4.2% increase in the imports of stainless hot rolled steel, and a 16.1% increase in the imports of stainless steel wire.
However, some areas of imports showed a decline with SpetsStal reporting a fall of 17.1% in the imports of welded stainless pipes, and a fall of 6.7% in the imports of seamless stainless pipes.