Russia’s stainless steel demand under pressure in 2024

2025-01-17 Market News Rest of the world
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In 2024, Russia's demand for stainless steel continuously decreased, impacting both local production and import trading.
According to the latest data from Rosstat, production volumes of stainless steel in ingots, other primary forms, and semi-finished products increased by 11.9% in November compared to October, reaching 22.6 kt. However, compared to the previous year, production fell by 28.2%, and for the period from January to November, production decreased by 14.1%, totaling 257 kt. Continue Reading? Please click box below!

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