23
Nov
14:07
Logistics reach 20-40% of Severstal product costs
Logistics now constitute up to 40% of the final cost of Severstal products due to the cessation of export supplies to Europe and reorientation to new markets, the company confirms to Kallanish.
“Today, we have a very competitive product, but in the absence of export sales to Europe and forced sales to Southeast Asia and neighbouring countries, logistical costs range from 20% to 40% of the cost of the final product,” Severstal chief executive Alexander …
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Anonymous
Very good overview of the weekly steel market.
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