28
Sep
14:59
Russian government foresees output decline, machinery sector rebound
Russia’s Ministry of Economic Development expects a decline in national ferrous production in 2020, it says in its "Forecast for the social-economic development of the Russian Federation for 2021 and for the planning period 2022 and 2023" report.
Production is forecast to decrease by -3% on-year this year, the report says.
According to the Organization for Economic Cooperation and Development (OECD), the total surplus of global steelmaking capacit…
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Anonymous
Very good overview of the weekly steel market.
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