17
Apr
15:12
Russian steel demand growth seen slowing in 2018
Russian finished steel demand should grow 2.1% on-year in 2018 to 41.5 million tonnes, according to worldsteel. This will, however, represent a deceleration in growth from the 5.1% recorded in 2017 when demand was at 40.6mt.
Russia, set to be the world’s seventh-largest steel user in 2018, is forecast to overtake Germany into sixth place in 2019. This is because Russian demand is seen growing at 1.4% next year to 42.1mt, while Germany’s is projected …
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Anonymous
Very good overview of the weekly steel market.
Anonymous