15
Jun
15:13
Mill equipment suppliers see slowdown in Russia, China
The invasion of Ukraine has had many plantbuilder companies rethink their business with Russia. They also report a slowdown of business with China, although for other and more general reasons.
For SMS group, activities in Russia in normal years accounted for a revenue of up to €500 million ($545m). Following the invasion, the company reduced its presence in the country radically, so that last year’s revenue was “noticeably less than €100m, an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous