Moody's: Cheap imports, weak demand fuel negative outlook on European, Russian steel sectors in 2017
London, 08 December 2016-- Risk of price falls and profitability pressures on the back of competition from cheap imports underpin the negative outlook for the European steel sector in 2017, says Moody's Investors Service in a report published today. The 2017 outlook on the Russian steel sector is also negative on weak domestic demand. Moody's report, titled "Steel-- Europe and Russia: 2017 Outlook-- Negative due to Imports in Europe, Weak Demand in Russia", is available on...
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