16
Sep
13:25
MMK sees recovery no earlier than mid-2021
Russian steel consumption will recover to pre-Covid-19-pandemic levels no earlier than mid-2021, says MMK deputy general director for sales Sergey Ushakov. Consumption in January-July decreased by -8.4% on-year.
After passing the lowest point of recession in the second quarter, consumers are adapting rapidly to the changed working conditions and striving to restore the previous way of work, Ushakov says.
“The most likely scenario for the further development…
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Anonymous
Very good overview of the weekly steel market.
Anonymous