Present and future of Russian market of stainless steel

Abstract

Metal-roll of stainless steel is widely used in various industries of national economy. Data on domestic and European structure of stainless rolled products presented, as well as volume of Russian market of stainless steel products. In 2019 the volume of Russian market of stainless steel products accounted for 427.5 thousand tons comparing with 441.1 thousand tons in 2018. Its high dependence on import was noted. From 2014 to 2018 it varied in the range of 65.1–79%, and in 2019 it accounted for 76.6%. In 2019 the volume of Russian import of stainless steel rolled products accounted for 253 thousand tons. Within 2014–2019 import of stainless steel rolled products increase in natural terms by 58%, in cost terms – by 38%. The volume of Russian export was not large and in 2019 accounted for 13.3 thousand tons. Within 2014–2019 export of rolled stainless steel products from Russia increase in natural terms by 42%, in cost terms – by 21%. Production of stainless steel rolled products in Russia in 2014–2019 was varying in the range of 106 thousand tons (2017) to 155 thousand tons (2016). In 2019 130.4 thousand tons were produced, which exceeded level of 2018 by 7.1%. At present there are two projects for modernization and construction of new facility at Chelyabinsk metallurgical plant and metallurgical plant “Elektrostal”. Realization of the projects will enable to increase production of flat stainless steel rolled products (including cold-rolled one) by 200 and 250 thousand tons correspondently. A forecast of Russian market of stainless steel presented, according to which to 2030 its volume will increase to 1.14 mil tons, that is 2.7-fold large comparing with 2019.