As an inherent advantage gradually fades out, Russian steel enterprises will face a new challenge in the future. AndreyLaptev, Severstal steel company strategy director, said in order to maintain its attractiveness to investors, the Russian steel enterprises not only need to have the ability to provide pre-tax profits, but also need to guarantee to enterprise capital holder…
Tag: steel price
Asian steel price difficult to rise
In Southeast Asia, HRC import market in the doldrums. Japan and Korea Resources reported $ 540 / ton (CFR), low turnover of $ 10 / t. Because too large decline in China Resources recently, Mills seek price increases $ 15 / ton (CFR) to reach $ 530 / ton (CFR), but the Southeast Asian market…