26
Jan
15:52
MMK cuts sales, output, expects stable first quarter
Russia’s Magnitogorsk Iron and Steel (MMK) expects first-quarter demand to be stable in both export and domestic markets, which will support sales volumes and keep capacity utilisation rate for premium products at 100%.
The firm also expects its product prices to increase in Q1, on the back of a major increase in prices of raw materials and positive global product price dynamic, it says in a statement sent to Kallanish.
MMK's 2020 crude s…
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