Lev Solovyov, Marketing Coordinator for Western Europe at Metinvest, who made an assessment at Made in Steel 2023, of which SteelRadar is a media partner, said: "Things are stagnant in all markets right now, so global companies are hesitating to take steps. Everyone has taken a wait-and-see position. There is a lack of foresight in the market, there is a blurred image. It has become very difficult to predict what might happen. Therefore, the lack of demand continues. When we evaluate in the short term, the course will continue in this way, but if the big players act, different developments may occur in the second half of the year.
Speaking about the Made in Steel fair, Solovyov said, "Despite everything, the participation in the fair is quite high. It is also productive as a company. Although the participation is good, sector stakeholders are waiting for the uncertainty to pass in order to take steps.
About Metinvest;
Metinvest is an international, vertically integrated mining and metals company. The Group consists of mining and metallurgical assets in Ukraine, Europe and the US, complemented by a global sales network. Metinvest manages the entire production chain, from the extraction of iron ore and coal to the production of semi-finished and finished steel. With assets close to major railway lines and ports, Metinvest is a major player in the global market, supplying raw materials and steel products all over the world.
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