29
Dec
12:06
Russian, Ukrainian steel companies remain resilient: Fitch
The Covid-19 pandemic has demonstrated that a company's cost position is among the key factors for through-the-cycle competitiveness, with Russian steelmakers in a strong position, Fitch Ratings says.
“Leading cost positions of Russian steel producers has allowed them to sustain sales volumes and reasonable cash flow generation during lockdowns by enabling them to redistribute sales to exports, despite a drop in demand and prices,” the agency comme…
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Anonymous
Very good overview of the weekly steel market.
Anonymous