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19 Oct
14:26

Worldsteel sees Russian, Ukrainian demand stable amid war

Russia’s finished steel demand should record a small positive growth in 2023, but then fall in 2024, according to worldsteel’s October short-range outlook (SRO). According to the document, after performing better than expected in 2022, with only a minor contraction in GDP thanks to massive government stimulus measures, the Russian economy is expected to record a small positive growth in 2023, helped by oil revenues and adjustments of the economy to th…
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