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)