Importers of stainless steel has sharply reduced their purchases

Importers of stainless steel has sharply reduced their purchases

According to the experts of the Spetsstal Association, the volume of Russian import of major types of stainless steel products in January 2015, compared with December 2014, decreased by 46.1% as compared with January 2014 by 29.1%.

In value terms in January imports 2015, compared with the same period last year, decreased by 31.7% to 31,53 million USD.

According to experts, this year the volume of Russian import of stainless steel will depend on the financial capacity of companies-importers and payment of domestic demand. The reduced availability of debt and the increase in loan interest rates will have a negative impact on imports, which will inevitably lead to a shortage of goods on the domestic market. But this is still far away. While in the warehouses of traders is enough product to supply.

The SpetsStal Association

http://www.ussa.su/

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