Russian Stainless Steel Products Output Down 22.6% During Q1-3

According to Russian SpetsStal, the output of stainless steel products in Russia from Jan. to Sep. this year was down 22.6% to 71,600 tons over the last corresponding period. Hot-rolled flat steel down 35.8% and cold-rolled flat steel down 58.6%. The drop of production mainly resulted from the low domestic demand for these products and financial problems for some companies.