Severstal expects a demand fall in Russia in 2015
Edited by Rhod Mackenzie / 2015-02-18 02:39:04
The company hopes to return the potential fall of sales in Russia by export supplies, CEO A. Mordashov said. He said that the beginning of 2015 was good for the company, at about the level of the same period in 2014.
Severstal forecasts an insignificant fall of demand for its products in the Russian market in 2015.
The situation in the domestic market will depend on the economic situation in the country, the company monitors it. “We believe the domestic market is the primary market for us. We will focus on these supplies”, financial director, A. Kulichenko said.
