14
Jul
14:34
Covid-19, upgrades dent MMK's production, sales
Russian steelmaker MMK has cut output at its principal Magnitogorsk works due to planned upgrades and demand being dented by industrial restrictions aimed at curbing Covid-19, the company says in a note sent to Kallanish.
The steelmaker expects the domestic steel demand recovery, which started late in the second quarter, to continue in Q3, but will continue to redirect extra volumes to export markets. The completion of the hot rolling mill-2500 upgrade w…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous