09
May
14:31
Lower construction demand reduces MMK Metalurji's first-quarter Ebitda
MMK Metalurji's Ebitda decreased notably in the first quarter, affected by lower demand for construction products, says the Turkish flat steelmaker's Russian parent firm MMK.
First-quarter Ebitda stood at $5 million, down -64.3% year-on-year and down -54.5% over the last quarter of 2017, MMK informs in its consolidated Q1 financial statement monitored by Kallanish.
"The decline in Ebitda was due to narrower spread between prices for hot…
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Anonymous
Very good overview of the weekly steel market.
Anonymous