01
Apr
15:20
Russian demand to rebound, prices moderate: Fitch
Steel demand in Russia performed better than initially expected in 2020, declining by only 3% on-year, as domestic steel consumption is strongly biased towards construction which has been resilient, says Fitch Ratings.
It expects growth in domestic steel consumption in 2021 to offset losses from the previous year, driven by continued growth in construction, supported by government incentives and infrastructure projects. Russian GDP growth is projected at 3.3% this…
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Anonymous
Very good overview of the weekly steel market.
Anonymous