24
Apr
15:56
NLMK foresees improved Russian, firm European second-quarter prices
NLMK says Russian steel prices should be supported by seasonally better demand in the second quarter versus Q1, while demand in Europe will continue to rise, with prices firm until the summer holidays. Section 232 is seen being the key price-mover in the US. Global pricing will remain volatile owing to uncertainty over rising protectionism.
NLMK saw Q1 revenue fall -1% on-quarter to $2.79 billion due to the -5% fall in consolidated deliveries, although this was …
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Anonymous
Very good overview of the weekly steel market.
Anonymous