EXECUTIVE SUMMARY

摘要

In Q2, as expected, both the global and the CIS steel markets did not revive as they usually do at this time of year.Global steel production increased just by 2.4% mainly owing to China. In the CIS, output stayed unchanged from Q1.Taking into account the traditional decline in business activity in the key outlets for CIS steel products, the regional outputof steel may fall by 3% in Q3, to 16.6 mt. Production is unlikely to start growing again until mid-Q