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Russia's stainless steel production grows in Jan y-o-y

24 Feb 2021 16:26 reported by Joy Liu

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According to statistics from the Russian Federal State Statistics Service (Rosstat), Russia's stainless steel production totaled around 17,000 tons in January, which decreased by 2.2% compared to the previous month while increased by 0.4% from the same month a year ago.

In 2020, Russia's stainless steel production amounted to roughly 204,000 tons, a year-on-year increase of 1.3%.

Russian Special Steel and Alloys Consumers and Suppliers Association (USSA) pointed out that with the increase in demand, the global stainless steel prices obviously increased in January 2021.

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