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Imports of stainless steel products decreased in Russia

Russia's imports of stainless flat rolled products decreased y-o-y.

Imports of stainless steel products decreased in Russia
In December 2022, the import of flat stainless steel products of Russia amounted to 20.5 thousand tons. The financial value of the imports is worth $64 million.
The cost of deliveries decreased by 4% m-o-m and by 45% y-o-y. Compared to the previous month, the volume of shipments increased by 3% and decreased by 50% y-o-y.
According to December calculations, the average price at the Russian border decreased by 7% compared to the previous month. Compared to the same period of the previous year, the price increased by 10% and amounted to $3150 per ton.
Russia's receipt volume for 2022 decreased by 22% compared to the previous year to 300 thousand tons. The cost of the consumables was about $970 million. (%-46).

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