Severstal notes the decline in the demand for steel in Russia in H1 2014.
Edited by Rhod Mackenzie / 2014-07-30 09:17:28
In H1 2014 the steel consumption decreased compared to the same period of 2013, the company comments on publishing the results for H1.
Currently there is a certain excitement associated with the seasonal activity in the construction sector on the market. The construction of housing is the main factor in the growth of the domestic demand in the current situation. Thus there is a high enough demand for the large-diameter pipes for the implementation of the "South Stream" pipeline project.