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Russia’s stainless steel scrap exports hike in Aug y-o-y

28 Oct 2021 16:03 reported by Joy Liu

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According to the Russian Special Steel and Alloys Consumers and Suppliers Association (USSA), Russia’s stainless steel scrap exports totaled 10,300 tons in August, falling by 31.4% compared to the previous month while rising by 34.1% from the same month a year ago. The export value totaled roughly US$18 million, a month-on-month drop of 24% and a year-on-year surge of 114%.

In the first eight months of this year, Russia’s stainless steel scrap exports amounted to 89,100 tons, a year-on-year increase of 25.1%. The export value during the period had a year-on-year hike of 88%, reaching US$136 million.

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