According to Russian customs data, flat steel exports which includes (7208 – HR coils/Plates,7209 – CR coils, 7210, 7212 GP/GC and 7225 electrical sheets) moved down by 10% in Jul’17 to 0.74 MnT in contrast to 0.82 MnT in Jun’17.
On yearly basis,Russia flat steel exports reported decline by 6.3% in Jul’17 against Jul’16. In Jul’16 country’s flat steel exports stood at 0.79 MnT.
During first seven months of CY17 (Jan-Jul’17), Russian flat steel exports summed up at 5.64 MnT, moved up by 6% against 5.33 MnT in the consecutive time-frame of CY16.
Sub Commodity wise Russia Flat steel exports in Jul’17
| Sub Commodity | Jul’17 | Jun’17 | M-o-M | Jul’16 | Y-o-Y |
| HRC/Plate | 0.47 | 0.58 | 18.90% | 0.62 | -24.19 |
| CRC | 0.14 | 0.12 | 16.60% | 0.1 | 40 |
| Galvanised Steel | 0.07 | 0.07 | 0 | 0.03 | 133.33 |
| Electrical Steel | 0.05 | 0.05 | 0 | 0.04 | 25 |
| Others | 0.01 | 0.01 | 0 | 0 | 0 |
| Grand Total | 0.74 | 0.82 | 35.50% | 0.79 | 174.14 |
Quantity in MnT
Source-SteelMint Research
Turkey remained the most preferred destination for Russian Flat steel Exports-In Jul’17 Russia has exported 0.23 MnT flat steel to Turkey followed by 0.06 MnT to Belarus and 0.05 MnT to Egypt.
During the period of Jan-Jul’17, Russian has exported 5.64 MnT of flat steel, out of which Turkey has occupied highest share of 34.33% followed by Belarus (6.46%),Egypt (6%) and Iran at (4.52%).
Leave a Reply