Russia Views

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Magnit Still Going Strong

The leading Russian food retailer by sales and store count, Magnit had another strong year in 2013 with headline sales increasing 29.2% year-on-year (y-o-y) to RUB579.7bn (US$16.7bn) as it continued...

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Russia Coal: Asia Export Drive

With coal being the second-largest cargo handled in Russian ports, the outlook in the country's coal industry will continue to have profound implications on port development plans in the shipping...

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Steel: Driving Forces & Challenges

The global steel industry will continue to suffer as a result of significant overcapacity in China, as cheap exports from the country will remain a key drag on global steel prices over the medium...

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Even More Bearish On The Rouble

With the recent break through a multi-year technical support around the RUB33.50/US$ level signalling growing bearish sentiment, the technical picture for the rouble looks weak. We have long...

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