14
Mar
20:06
Russia sanctions impact feedstock sourcing, sales: ArcelorMittal
ArcelorMittal says the imposition of extensive sanctions on Russia by the EU, UK and US affects the company’s sourcing of raw materials and also, potentially, the markets for sales by the group’s operations in the CIS. In 2021, the group recorded $1.6 billion of sales to customers in Russia.
The group’s main CIS operation in Kryvyi Rih has been suspended after Russia invaded Ukraine (see Kallanish passim). It produced 4.9 million tonnes of s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous