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27 Jun
12:27

Russia’s stainless steel output increases, outlook positive

Russian production of stainless steel increased in January-May to 49,590 tonnes, up by 27.4% on-year, Kallanish notes from national special steel association USSA. In particular, output of long products increased by 53.3%, pipe billet by 16.5%, hot rolled coil products by 19.8%, and cold rolled flat products by 8.4%, it says without providing tonnages. Leading Russian manufacturers of stainless steel for the period were Red October with a 36.6% share, Mechel&rsq…
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