Date,
Time MSK

04.05.2016



Russian Federation's imports of iron and steel (72 HS Code) in 2015


In 2015 the volume of imported iron and steel (72 HS Code) volume decreased by 44% and reached 3.21 billion USD compared to 5.7 billion USD in 2014 (see Figure 1).


Russian Federation's imports represent 1.37% of world imports for this product. Its ranking in world imports is 23.



Figure 1. 2010-2015 Russian Federation's imports of iron and steel, billion USD. Source: ITC Trade Map.

Figure 1. 2010-2015 Russian Federation's imports of iron and steel, billion USD.png



Detailed information about products imported by Russian Federation in this category:


· Flat-rolled prod of iron or non-al/s wd>/=600 mm, clad, plated or coated (30%)

· Ferro-alloys (14%)

· Flat-rolled products of stainless steel, of a width of 600 mm or more (10%)

· Flat-rolld products of iron/non-al/s wdth>/=600 mm, hr, not clad (9%)

· Angles, shapes and sections of iron or non-alloy steel (9%)

· Flat-rolled products of other alloy steel, of a width of 600 mm or more (7%)

· Bars&rods of iron/non-al/s, nfw than forged, hr, hd,/hot-extruded (5%)

· Flat-rolld prod of iron/non-alloy steel wd>/=600 mm, cr, not clad (3%)

· Bars & rods of stainless steel nes; angles, shapes (2%)

· Flat-rolled products of stainless steel, of a width of less than 600mm (2%)

· Wire of other alloy steel (2%)

· Bars&rods, other alloy steel; hollow drill bars, etc. (1%)



2015 showed a large fall in Russian imports of bars&rods of iron/non-al/s, nfw than forged, hr, hd,/hot-extruded (-74%) (see Table 1, Figure 2).




Table 1. Key products imported by Russia in 2015. Source: ITC Trade Map.


Product HS Code

Product Type

Volume in 2014, USD thousand

Volume in 2015, USD thousand

Change in 2015, %

Share in total product imports, %

7210

Flat-rolled prod of iron or non-al/s wd>/=600mm,clad, plated or coated

$1,606,565

$956,448

-40 %

30 %

7202

Ferro-alloys

$952,605

$461,324

-52 %

14 %

7219

Flat-rolled products of stainless steel, of a width of 600mm or more

$388,977

$322,752

-17 %

10 %

7208

Flat-rolld products of iron/non-al/s wdth>/=600mm,hr,not clad

$560,199

$303,096

-46 %

9 %

7216

Angles, shapes and sections of iron or non-alloy steel

$473,255

$278,402

-41 %

9 %

7225

Flat-rolled products of other alloy steel, of a width of 600mm or more

$309,552

$213,887

-31 %

7 %

7214

Bars&rods of iron/non-al/s, nfw than forged, hr, hd,/hot-extruded

$580,968

$150,669

-74 %

5 %

7209

Flat-rolld prod of iron/non-alloy steel wd>/=600mm,cr,not clad

$153,972

$103,607

-33 %

3 %

7222

Bars & rods of stainless steel nes; angles, shapes

$101,406

$69,798

-31 %

2 %

7220

Flat-rolled products of stainless steel, of a width of less than 600mm

$76,246

$61,634

-19 %

2 %

7229

Wire of other alloy steel

$81,465

$48,472

-40 %

2 %

7228

Bars&rods,other alloy steel; hollow drill bars, etc.

$117,943

$45,018

-62 %

1 %




Figure 2. Structure of iron and steel Exports to Russia in 2015. Source: ITC Trade Map.

Figure 2. Structure of iron and steel Exports to Russia in 2015.png



The main exporters supplying iron and steel to the Russian Federation in 2015 were: Ukraine, Kazakhstan, China, Republic of Korea, Germany.


2015 showed a significant rise in Russian imports from Norway (+108%). At the same time the imports from Austria (-74%) showed a significant fall (see Table 2, Figure 3).



Table 2. The main exporters supplying iron and steel to Russia in 2015.


Exporters

Volume in 2014, USD thousand

Volume in 2015, USD thousand

Change in 2015, %

Share in total product imports, %

World

$5,701,947

$3,207,932

-44 %

100 %

Ukraine

$1,442,807

$796,871

-45 %

25 %

Kazakhstan

$1,085,016

$471,857

-57 %

15 %

China

$689,311

$441,803

-36 %

14 %

Republic of Korea

$312,979

$177,028

-43 %

6 %

Germany

$299,120

$142,293

-52 %

4 %

Belgium

$177,204

$120,174

-32 %

4 %

Brazil

$77,240

$107,035

39 %

3 %

Belarus

$282,331

$102,235

-64 %

3 %

Taipei, Chinese

$89,129

$80,849

-9 %

3 %

Japan

$52,441

$76,530

46 %

2 %

France

$84,079

$72,970

-13 %

2 %

Finland

$111,818

$62,609

-44 %

2 %

Poland

$79,236

$62,246

-21 %

2 %

India

$124,207

$57,031

-54 %

2 %

Austria

$179,066

$47,255

-74 %

1 %

Norway

$20,369

$42,270

108 %

1 %

Spain

$46,981

$38,391

-18 %

1 %

South Africa

$36,653

$33,065

-10 %

1 %

Sweden

$54,557

$32,091

-41 %

1 %




Figure 3. The main exporters supplying iron and steel to Russia in 2015.

Figure 3. The main exporters supplying iron and steel to Russia in 2015.png




EXPORTS FROM RUSSIA


In 2015 volume of exported iron and steel (72 HS Code) decreased by 27% and reached 14.9 billion USD compared to 20.56 billion USD in 2014 (see Figure 4).



Figure 4. 2010-2015 Russian Federation's exports of iron and steel, billion USD. Source: ITC Trade Map.

Figure 4. 2010-2015 Russian Federation's exports of iron and steel, billion USD.png





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