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18 Mar
14:55

MMK expects stable steel prices in 2024

Russia’s steel market is now in balance and price dynamics will be stable in 2024, says MMK’s deputy director for investor relations, Ilya Nechaev. “For steel products, we see that price growth could be only in the range of 1-1.5%,” he said on Market Power’s Telegram channel. “There will not be double-digit growth, like in 2023. However, raw materials prices may rise during moments of imbalance and metal products will at some po…
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