Russia's stainless steel consumption up 21.3 percent in 2021-Pumao steel

In 2021, Russia took in a total of 579,560 mt of stainless steel, up by 21.3 percent contrasted to 2020. The demand for chilly rolled level steel enhanced by 32.3 percent, while longs and also cable demand increased by 24.4 percent and also 24.0 percent, specifically, year on year.

Imported stainless steel accounted for 79.6 percent of Russia's overall stainless-steel usage in the offered period, with domestic production accountancy for the remaining 20.4 percent, SteelOrbis has actually found out.