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Russian Steel Use Drops 15% in First Quarter as Economy Slows

A decline in Russian steel consumption accelerated in the first quarter as the economy slowed, according to Severstal PJSC, one of the country’s top steelmakers.

This article was originally published by Bloomberg Markets and is republished here under license.

A decline in Russian steel consumption accelerated in the first quarter as the economy slowed, according to Severstal PJSC, one of the country’s top steelmakers.

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