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24 Jun
08:47

Ukraine, weak Asia demand to hit production: Roper

Global steel demand will be lower this year versus 2021 mainly due to the steel production cuts in Ukraine and consequent disruptions in other markets, Kallanish Consulting Services analyst Ian Roper said at the Kallanish International Steel Scrap Conference in Istanbul last week. Demand weakness, especially in Asia, could exert further downward pressure on steel output in the second half of this year. China may well implement more cuts to steel production given t…
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