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11 Oct
14:41

MMK expects Russian steel prices, demand to increase

Russian steelmaker MMK expects domestic steel prices to increase until the end of the year, says the company’s financial director Maria Nikulina. “Steel demand is expected to recover in the fourth quarter of 2021, especially in Russia, thanks to the completion of the reduction in inventories in the retail market and the effect of deferred demand,” Nikulina said during an online event, the enterprise confirms to Kallanish. “This is likely to…
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