According to the data issued by Russia Ministry of Economic Development, in 2010 Russia registered a 35.8%YoY increase in its steel pipe production to 9.149 million tonnes with all major pipe makers seeing growth in output.
As of January 2010 the country pipe segment returned to the pre-crisis levels of domestic consumption, showing steady growth. In particular, in 2010, Russia output of electric-welded large diameter pipes increased by 58.3%YoY, its production of electric-welded pipes, excluding LD pipes, went up by 30.7%YoY, its production of welded pipes went down by 11.6%, production of seamless pipes saw an increase of 24%YoY, output of casing pipes increased by 24.4%, production of drill pipes went up by 55%YoY while output of tubing increased by 11.4%YoY.
These data indicate that the steel pipe consumption of the Russian oil and gas industry in 2010 increased by more than 50%YoY on the back of the construction of oil and gas projects.
In January to November 2010, Russia steel pipe exports decreased by 36.3%YoY to 936,100 tonnes. The ministry noted that during the period in question Russia steel pipe imports significantly exceeded its steel pipe exports as domestic consumption of pipes in January to November sharply increased by 70.1%YoY with pipe makers switching from foreign markets to satisfy demand from the domestic market.
Russia steel pipe imports increased in January to November 2010 by 139.7%YoY to 1.313 million tonnes including 642,200 tonnes of steel pipes from CIS countries up by 69.8% and 670,600 tonnes of steel pipes from non-CIS countries up four times YoY. The share of imported steel pipes in the domestic market amounted to 15.3% in 2010 of which 41% were imported from Ukraine.
| Month | Volume |
| Jan | 622 |
| Feb | 679 |
| March | 779 |
| April | 739 |
| May | 681 |
| June | 702 |
| July | 716 |
| Aug | 759 |
| Sept | 828 |
| Oct | 868 |
| Nov | 853 |
| Dec | 923 |
| 2010 | 9,149 |
| YoY | 35.8% |
In’000 tonnes
(sourced:steelorbis.com)
Posts
No comments:
Post a Comment