18
Dec
13:04
Fitch forecasts positive 2020 for Russian steel
Fitch’s outlook for Russian steelmakers is positive for 2020, supported by producers' strong profitability and financial positions, as well as healthy domestic demand.
Fitch foresees Russian GDP growth expanding towards 1.9% in 2020 from an estimated 1.2% in 2019 on the back of higher government spending and looser Central Bank monetary policy. Healthy domestic demand coinciding with major maintenances at several mills has pushed domestic premiums to rec…
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Anonymous
Very good overview of the weekly steel market.
Anonymous