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25 Sep

Russia’s steel output to increase in 2023: ministry

Russian steel production is expected to grow 4.9% on-year in 2023, according to a Russian Ministry of Economic Development forecast. In 2024, this growth will slow to 3.9% on-year, in 2025 to 2.5%, and in 2026 to 2.4%, Kallanish notes. “By the end of 2023, economic growth will not only compensate for the decline of last year, but also achieve growth to the level of two years ago,” the ministry says in a report. “According to preliminary estimate…
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Svetoslav Abrossimov  |  Bulgaria
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