26
Aug
12:15
Russia expects stainless prices to increase: USSA
Russian stainless steel imports increased in January-July and the main supplier was again China, says national special steel association USSA. Russian stainless intake was up 5.4% on-year to 241,520 tonnes, Kallanish notes.
In monetary terms, Russian companies paid over $621 million for the import of foreign stainless products, which is a record, USSA observes.
However, in July alone Russian stainless intake decreased by 18.5% compared to June to 34,700t.
Imp…
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Anonymous
Very good overview of the weekly steel market.
Anonymous