30
Mar
11:59
NLMK sees improvement ahead in Q2
Weak consumption in emerging economies has continued to be a drag on global steel demand, while increasing trade barriers in developed countries are discouraging exports, according to NLMK. Russian steelmakers are seen facing weak domestic demand, low prices, and increased competition in export markets.
The Russian producer sees improving market conditions supporting its financial performance in the second quarter, however. This comes after the firm’s Russ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous