Jaway Stainless Steel

Russian stainless steel Cold Rolled Coilconsumption in 11M up by 19pct YOY

    The most import dependent consuming sectors are stainless steel flat rolled products with the imports share at 71%, wire at 68.8% and welded tubes at 63.8%. This year the 47% threshold was surpassed by longs which share grew from 35.9% in 2010 up to 51.7% in 2011. Close to the 49.3% threshold come seamless tubes (50.2%) and ingots/slabs (47.9%).

    Russian stainless steel consumption in the first nine months of 2011 totals 276,300 tonnes, up by 20.7% YoY, while local output rose by 11.5%, exports 34.2% and imports 27.2%. Today In china,Wuxi stainless steel electronic trading center today Ni1203 electrolytic nickel main contract closing price as the 132.2 yuan/hands,a day before the price down 1.8 yuan/hand, volume 13968608 hand, order 9616356 hands.