21
Apr
13:32
Russia recovery improves CIS 2017 demand forecast: worldsteel
The World Steel Association forecasts CIS finished steel demand to rise 3.2% on-year in 2017 to 50.2 million tonnes. This is a revision up from worldsteel’s October short-range-outlook forecast of 2.1%.
CIS demand in 2016, however, declined more steeply than previously forecast, by -4.1% on-year to 48.7mt.
Russia should finally moving out of its recession in 2017, while the conflict in eastern Ukraine appears to be receding, according to worldsteel…
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Anonymous
Very good overview of the weekly steel market.
Anonymous