Author: Saurabh Bihani
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Russia: Steel export prices keep falling in Aug’25 amid rising freights, weak demand
Key importers face sluggish construction activity Global steel oversupply weighs on Russian prices Mysteel: Export prices of Russian steel products continued to fall in August, under pressure from rising sea freight costs and weak global demand. According to Russia’s rating agency Rusmet, by mid-August, the cost of steel billets in Black Sea ports fell to…