In 2016 the share of stainless steel imports decreased to 40.3% from the record of 86.5% in 2007, while the seamless stainless pipes imports dropped to 33.5% from its highest in 2010 (63.8%).
According to the Pipe industry development fund director Igor Malyshev, the decrease of imports resulted in the creation of pipe capacities in Russia.
“TMK is developing welded pipes manufacture, while ChTPZ – seamless pipes”, Malyshev said. (Ukrainian metal)