30
Apr
16:51
NLMK warns of double-digit demand decline
NLMK Group says it expects world and domestic demand for steel to fall in the second quarter due to tightening of measures to counter Covid-19.
The drop in demand in the EU and US markets could reach double-digit rates year-on-year. In Russia consumer activity is also expected to decline, the company says in a report seen by Kallanish.
“On the whole, there is a high level of uncertainty in terms of the rate at which demand for steel is going to recover acro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous