11
Dec
00:00
Russian producers set to partially offset 5% steel use decline in 2015 with more exports: Fitch
Credit rating agency Fitch forecasts a 5% year-on-year decline in Russian steel consumption in 2015 due to deteriorating economic conditions. Producers in Russia, however, will be able to partly offset this with larger export tonnages.
The falling automotive market, lower infrastructure spending and weakening conditions in the construction sector are all driving down Russian steel consumption. “While the sector outlook is viewed as generally negative, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous