Copying and distributing are prohibited without permission of the publisher
Russia may switch to Asian stainless steel imports if Europe sanctions tighten
April 14, 2014 - 14:42 GMT
stainless long steel
stainless steel pipe
Russia may import more stainless steel from Asia to replace European product supplies if tighter sanctions are introduced, the Special Steel & Alloys Consumers & Suppliers Assn (SpetsStal) has said.
Russia imports more than 65% of the stainless steel consumed
in the country, the association said on Friday April 11. Some
21% of the total comes from Europe, where Outokumpu, Acerinox
and Aperam are Russia’s major suppliers. The West
imposed sanctions on officials and businessmen believed to be
close to Russian president Vladimir Putin after Moscow annexed
the Ukraine’s Crimea region. The annexation
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
A standard subscription include one year's worth of news and prices. You can also upgrade to a premium subscription and benefit from more than 17 years of intelligence plus access to MB Company Data.
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.