02
Jun
16:00
Russia's Amurmetal to shut for 'certain period of time'
Russia's Amurmetal, based in the eastern city of Komsomolsk-on-Amur, will suspend production for a “certain period of time”, company sources tell Kallanish.
According to local news agency Komcity, production will be suspended for 15 days. Plant employees are quoted as saying the suspension is due to the fact the firm’s finished product stock has piled up while sales have depleted due to declining prices. Workers are reported to be …
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Anonymous
Very good overview of the weekly steel market.
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