05
Jul
14:03
High prices smooth Russian export duty impact: Fitch
High steel and base metal prices will cushion the impact on domestic steelmakers of Russia’s prospective temporary export duty, says Fitch Ratings.
“However, if the measures are extended, the impact could be greater once prices moderate,” the credit rating agency says in a note seen by Kallanish. “We expect the new duty to have a limited impact on global metal prices, although steel and aluminium markets could be affected in the short term.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous