Scrap supply from Russia to decline further

January 23rd, 2008 by James Moss in Raw Materials, Russia

This is a very interesting presentation from Russian mining & metallurgical company Metalloinvest from September 2007. It provides some good data on Russian steel output through 2015 along with changing raw material use and sources as the Russian economy and particularly the steelmaking portion expand. This is especially important as the withdrawal of Russian scrap supply from the international market is one of the factors driving scrap price increases in North America, rebar prices in Turkey, non-residential construction costs everywhere etc. etc.

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