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06 Mar
17:04

Russian demand to grow, Chinese exports fall: NLMK

Chinese exports are likely to decline in 2017 due to higher Chinese steel prices and trade defence measures around the globe, while Russian steel demand should grow 0.9% versus 2016, according to NLMK. The Russian steelmaker expects its Stoilensky iron ore pelletising plant, commissioned last November, to produce 5.5 million tonnes in 2017. Its 6.6m t/year capacity can be increased to 7.2m t/y. Iron ore fines output will be raised by 1.7mt to 16.6mt by 2018 in o…
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