Severstal CFO Expects European Steel Market to Recover in 2020

The video discusses the current state of the European steel sector, highlighting its weakness but potential for recovery. It examines the impact of US-China trade tensions on the steel industry, suggesting that a resolution could boost investments. The demand in Europe, Turkey, and Russia is analyzed, with a focus on growth potential. The video also covers the Russian steel sector's stability and the company's strategic focus on transformation and capital expenditure to enhance performance.

What is the current state of the European steel sector according to the discussion?

• It is experiencing strong growth.

• It is relatively weak but has potential for recovery.

• It is unaffected by global trends.

• It is the strongest sector in the world.

How do US-China trade tensions affect the steel industry?

• They directly increase steel prices.

• They have no impact on the industry.

• They influence overall trade sentiment and investment.

• They lead to a decrease in steel production.

Which regions are currently showing weakness in steel demand?

• North America and South America

• Asia and Africa

• Europe and Turkey

• Australia and New Zealand

What is the current growth trend in the Russian steel industry?

• Decline

• Stagnation

• Moderate growth

• Rapid growth

What is the company's strategy regarding capital expenditure?

• To halt all capital projects

• To increase expenditure to improve performance

• To maintain current levels without change

• To reduce spending significantly