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CIS crude steel production decreased in May, according to the latest worldsteel data monitored by Kallanish. Regional output amounted to an estimated 7.4 million tonnes, down by 19% year-on-year. During the first five months of 2022, crude steel production was 38.4mt, down 13.1% on January-May 2021. Russian production in May is estimated to have been at 6.4mt, down by 1.4%. Cumulative steel output was 23.1mt, a decrease of 2.3% over the same period last…
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