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02 Aug
16:34

MMK ramps up profit, domestic sales

Russian integrated steelmaker with assets in Turkey MMK foresees ongoing healthy demand in its sales markets in the third quarter, which will support full capacity utilisation and existing price premiums in the Russian market. Prices will correct somewhat in key markets in Q3, affecting MMK’s financial performance during the quarter, while key raw materials prices should stabilise, MMK says in a report seen by Kallanish. Finished steel produ…
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