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27 Jul
09:17

NLMK sees global pricing environment stabilising with downside risks

The global pricing environment is set to stabilise with downside risks from seasonal demand slowdown and softer raw materials' prices, Russia's NLMK forecasts in its second-quarter results presentation. The steelmaker expects apparent demand in Russia to recover on better construction demand and lower inventories. In Europe demand growth is anticipated to level off due to seasonal slowdown. In the USA demand recovery, supply discipline and ongoing trade …
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