Russia: ferrous metals exports down in July 2016
In July Russia exported 2.3 million tons of ferrous metal, down by 13% MoM. In January-July ferrous metals exports dropped by 0.5% YoY, to 16.9 million tons. At the same time semi-finished products exports increased by 2% YoY, to 8.5 million tons, with rolled sheet shipping up by 5%, to 5 million tons. Pig iron…