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Russia 2010 Stainless Steel Consumption To Rise 25% - Group

iconJun 17, 2010 10:55
Source:SMM

MOSCOW, June 17 -- Russia's stainless steel consumption this year is likely to reach 240,000 metric tons, 25% more than in 2009, the national association of special steel producers, Spetsstal, said Wednesday.

Spetsstal said consumption of stainless steel products in Russia in the first quarter increased 63.7% on the year to 58,300 tons.

According to Spetsstal, there are many new projects being developed in the Russian oil and gas industry requiring increasing amounts of stainless steel products.

 

stainless steel

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