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19 Mar
12:26

Metalloinvest expects electric steel demand to increase

Russian steelmaker Metalloinvest expects that the share of electric steel in its total steel output will grow from the current 21% to 37% by 2030, says the company’s director of strategy and management Yuri Gavrilov. “The increase will be driven by growing demand for high-quality electric steel production," Gavrilov said at the Global Iron Ore 2021 international conference. He confirmed that, by 2024, one of the world's largest HBI plants wi…
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