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18 Nov
16:00

Russian steel consumption to fall 2-4%: Severstal

The reduction in Russian steel consumption in 2022 is expected to occur at the level of 2-4%, says Severstal sales director Yevgeny Chernyakov. The steelmaker is adjusting to the changes and trying to minimise operating losses. “Severstal's comprehensive action plan involves increasing its share in the Russian market, import substitution and development of the product line, partnership with consumers and the formation of new demand,” Chernyakov tel…
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