The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Recovering rouble, weak sales hit Russia steel stocks

Economists see country's GDP contracting 4% this year as plunge in crude trading exacerbates impact of sanctions

Published Tue, Mar 24, 2015 · 09:50 PM
Share this article.

New York

RUSSIAN steelmakers are falling out of investors' favour as slack demand and a strengthening rouble dim the profit outlook for some of the companies that had skirted a broader sell-off amid the country's financial crisis.

PAO Severstal, which rallied 57 per cent last year as the…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here