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Russia's stainless steel imports slide in Q1 2021 y-o-y

17 May 2021 16:04 reported by Nic Xia

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According to statistics released by the Russian Special Steel and Alloys Consumers and Suppliers Association (SpetsStal Association), compared to the figure in the first quarter of 2020, Russia's stainless steel imports reduced by 7%, amounting to 91,555 tons in the first quarter of this year; however, the figure was up by 37.7% compared to the same period in 2019.

During the period, the total import amount was around US$224.7 million, dropping by 7.7%.

The main stainless steel suppliers for Russia included China (39.9%), India, (18.2%), Indonesia (8.8%), Taiwan (6.9%), and South Korea (5.8%).

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