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21 Sep
16:01

Pandemic consolidates longs market trends, outlook uncertain: Celsa

Global long products consumption will likely fall -2.7% on-year in 2020 to 878.6 million tonnes, with sections used mainly in commercial construction seeing the steepest fall, according to Alexander Gordienko, International Sales Manager at Celsa Group. The Covid-19 pandemic has meanwhile consolidated the existing trend of steel production and consumption moving away from advanced economies to Asia. “It hasn’t changed the direction of the market,&rdqu…
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