June 16, 2017 / 6:11 PM / 2 months ago

BRIEF-Moody's says Russian steelmakers buoyed by return to growth for domestic steel demand

June 16 (Reuters) - Moody's :

* Moody's says Russian steelmakers buoyed by return to growth for domestic steel demand

* Moody's says Russian steelmakers will benefit in 2017 as gdp growth,cheaper mortgages set domestic steel demand back on path to growth after 2 yrs of decline‍​

* Moody's says rising raw material prices and rouble strength could dampen earnings and margins for some Russian steelmakers in year ahead

* Moody's says Russian steelmakers could see challenges thrown up by increasing trade protectionism

* Moody's says EU mulling with idea of imposing duties on Russian hot-rolled flat steel products would have a bigger impact than previous measures

* Moody's says full-fledged recovery in the Russian construction industry, which is the largest buyer of the metal, will take time Source text : (bit.ly/2s9KxTt)

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