Russia issues import and export data for 11 months of 2010

Wednesday, 26 Jan 2011

According to the data released by the Russian Federation's Federal Customs Service, in the first 11 months of 2010 Russia exported 35.47 million tonnes of ferrous metals, registering a 5.4% percent increase YoY.
Of this volume, 33 million tonnes were delivered to non CIS countries up by 5.2%YoY and about 2.47 million tonnes were supplied to CIS countries up by 8.3%YoY.

Russia exports of semi finished steel products went up in January to November by 12.8% YoY to 14.41 million tonnes, its exports of ferroalloys increased by 15.5% to 830,800 tonnes, its exports of pig iron decreased by 13.6% YoY to 3.43 million tonnes while its flat rolled product exports went down by 9.4%YoY to 7.51 million tonnes. Meanwhile, during the period in question, Russia registered a 7.1% increase YoY in its iron ore concentrate exports to 19.3 million tonnes and 31% growth YoY in its coke and semi-coke exports to 2.18 million tonnes.

On the other hand, in the first 11 months of last year, Russia ferrous metal imports increased by 41.5%YoY to 4.58 million tonnes of which 1.9 million tonnes were imported from non-CIS countries up by 72.3%YoYand 2.68 million tonnes were supplied from CIS countries up by 25.5%YoY.

Russia's steel pipe imports in January to November last year rose by 141.2% to 1.26 million tonnes of which 670,600 tonnes were imported from non-CIS countries up by 296%YoY and 588,300 tonnes were supplied from CIS countries up by 67%YoY.
(Sourced from www.steelorbis.com)