Stainless steel angles, shapes and sections market in Russia

Earlier Report Observations

The Russian market for stainless steel angles, shapes, and sections saw strong growth in 2019, with volume rising to 297.7 thousand tons. This expansion was driven by continued investment in capacity expansion at major producers like CHTPZ and SINTZ. The market then contracted over the next three years, falling to 139.7 thousand tons by 2022. This decline was initially caused by COVID-19 pandemic disruptions to supply chains and demand in 2020. The downturn continued in 2021, influenced by the tightening of marking and certification requirements for products, which temporarily slowed industrial activity. In 2022, global supply chain disruptions and raw material price volatility further pressured the market.

A clear recovery began in 2023, with market volume rebounding to 178.9 thousand tons. This turnaround was supported by the opening of new finishing sections for stainless steel pipes at the Volzhsky Pipe Plant (TMK) and a sustained import-substitution trend, as ongoing sanctions stimulated domestic production development. The positive momentum carried into 2024, with the market growing further to 192.7 thousand tons.

Production data for 2025 indicates a sharp reversal, with output falling to 139.6 thousand tons, pointing to a significant contraction in market volume for that year.

Production stainless steel angles, shapes and sections in Russia

In kind, 2018-2021, K t

Russia's production of stainless steel angles, shapes, and sections has declined for the second year in a row. In 2021, output stood at 177.1 thousand tonnes, representing a 26.8% decrease compared to 2020. Looking at the period from 2018 to 2021, production fell by 23.2%, which translates to an average annual decline of 8.4%. The peak was recorded in 2019 at 295.2 thousand tonnes, with the largest year-on-year increase of 28.1% also occurring that year.

Annual dynamics of production in Russia in kind, 2018-2021, K t

Exports stainless steel angles, shapes and sections from Russia

Exports in kind, t

Russia's exports of stainless steel angles, shapes, and sections have increased for the second consecutive year. In 2021, exports reached 418 tonnes, showing a 30.3% rise compared to the previous year. However, over the 2018-2021 period, exports decreased by 4.7%, with a compound annual growth rate of 1.6%. The lowest point was in 2019 at 316 tonnes, when exports saw their sharpest decline of 27.9%.

Annual dynamics of product's exports from Russia in kind, 2018-2021, t

From 2018 to 2021, Kazakhstan remained the primary destination for Russia's stainless steel angles, shapes, and sections, accounting for 76.5% of total exports by volume. The remaining exports were distributed among various other countries.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Russia in kind, 2018-2021

Exports in value, K $ US

The data shows irregular fluctuations, indicating a volatile market environment. Export values varied by a factor of two between the low in 2019 and the high in 2021. In 2021, Russia's exports of stainless steel angles, shapes, and sections reached 1 289 thousand US dollars, marking a significant 91.2% increase year-over-year. The minimum value was recorded in 2019 at 639 thousand US dollars, with the largest decline of 1.3% also occurring that year.

Annual dynamics of product's exports from Russia in value, 2018-2021, K $ US

Throughout 2018-2021, two countries—Kazakhstan and Belarus—accounted for the majority of Russia's exports of stainless steel angles, shapes, and sections in value terms, while other markets individually played a smaller role.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Russia in value, 2018-2021

Imports stainless steel angles, shapes and sections to Russia

Imports in kind, t

Russia's imports of stainless steel angles, shapes, and sections have declined for the second year in a row. In 2021, imports amounted to 2 452 tonnes, reflecting a slight contraction of 2.4% compared to the previous year. Over the 2018-2021 period, imports increased by 37.8%, with an average annual growth rate of 11.3%. The highest volume was recorded in 2019 at 2 515 tonnes, which also saw the largest increase of 41.3%.

Annual dynamics of product's imports to Russia in kind, 2018-2021, t

Between 2018 and 2021, three main markets—India, China, and Belarus—together absorbed 83.6% of Russia's total imports of stainless steel angles, shapes, and sections by volume.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Russia in kind, 2018-2021

Imports in value, K $ US

In 2021, Russia's imports of stainless steel angles, shapes, and sections amounted to 10 216 thousand US dollars, showing a moderate advance of 7.5% year-over-year. Over the 2018-2021 period, imports increased by 35%, with a compound annual growth rate of 10.5%. The largest decline occurred in 2020 at 5.9%, while the largest increase was in 2019 at 33.6%.

Annual dynamics of product's imports to Russia in value, 2018-2021, K $ US

From 2018 to 2021, India, Germany, and China led as the top suppliers of stainless steel angles, shapes, and sections to Russia in value terms, with shares of 34.6%, 28.6%, and 13.3%, respectively. Together, they accounted for 76.4% of total imports by value.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Russia in value, 2018-2021