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25 Mar
14:10

Severstal sees Russian demand returning to pre-pandemic levels

Russian vertically-integrated steelmaker Severstal predicts steel demand in Russia will increase in 2021 despite the impact of the Covid-19 pandemic, according to head of corporate strategy Maxim Semenovykh. According to Severstal and worldsteel estimates, this year Russian steel demand will reach about 43.8 million tonnes, exceeding last year’s 42.5mt. It is also slightly higher than the 43.6mt recorded in 2019 before the pandemic broke out, the Russian ste…
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