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Cold June, Not hot July. Russian sheet steel and welded pipe market: June 9-18

Cold June, Not hot July. Russian sheet steel and welded pipe market: June 9-18

Low demand was a problem, now it is becoming a curse for the Russian sheet steel market. Consumer activity has completely died down. In turn, distributors are reducing purchases of steel products from plants. Metallurgical plants, of course, are reducing output and/or exporting more rolled products, but the volumes of warehouse stocks at trading houses and independent metal traders, at a minimum, are not ...

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