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13 Oct
16:35

MMK's third-quarter sales, output mostly decline

Russian steelmaker MMK reduced output of all products insignificantly in the third quarter, but year-to-date production volume increased, except for long products. The increase was driven by favourable market conditions, the start-up of the Turkish subsidiary’s hot-end and the absence of blast furnace and converter overhauls this year, the company says. The very slight decrease in Q3 output was matched by an even higher decrease in sales volumes, largely ca…
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