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20 Jul
11:31

Russian steel competes for market share in Taiwan

Russian steel products have struggled to find buyers after sanctions in Europe and elsewhere were imposed following Russia’s invasion of Ukraine. Russian steel market share has however successfully increased in the Taiwan market, although not as dramatically as local steelmakers have complained, Kallanish notes. In the first five months of 2022, Taiwan imported 819,145 tonnes of Russian carbon, alloy and stainless steel products, up 14.3% year-on-y…
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