Russia: traders providing for 75% of local stainless steel market
Stainless steel consumption in 2018 grew by 5.8% YoY, to 499.2 thousand tons. In 2017 the growth was 13.9%. Local production of stainless steel last year totaled 121,846 tons, up by 2.1%. In particular, Russia produced 22,483 tons of flat rolled steel, with Krasniy Octyabr accounting for some 56%. Bars output reached 55,954 tons (ZEMZ…