07
Jun
13:51
Russian consumption to fall amid global growth: Severstal
Global steel consumption may grow in 2023 due to higher demand in Asia, the Middle East and North America, according to Severstal analysis.
After falling in 2022 by 3.2% on-year, global consumption in 2023 could grow 2.3%, the steelmaker says.
“Russian steel demand decreased in the first quarter of the year by 3% on-year, driven by lower consumption in the engineering and energy industries,” Severstal says. “The outlook for 2023 is more positive…
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Anonymous
Very good overview of the weekly steel market.
Anonymous