19
Apr
13:13
Russian consumption to decline slower, outlook negative: worldsteel
Worldsteel has revised up its 2023 steel demand forecast for Russia, the CIS countries and Ukraine, in the association’s April short-range outlook seen by Kallanish.
According to the association, steel consumption in Russia in 2023 may fall by 5% on-year to 39.6 million tonnes and by 7% to 36.9mt in 2024.
Last October, worldsteel projected a 10% demand drop to 37.2mt in Russia this year (see Kallanish passim). Earlier, in April 2022, it predicted…
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Anonymous
Very good overview of the weekly steel market.
Anonymous