07
Feb
13:49
MMK expects busy first quarter after record 2018
Russian steelmaker Magnitogorsk Iron and Steel (MMK) expects sufficient demand in the domestic and export market to maintain high capacity utilisation in the first quarter and throughout 2019.
China's ongoing efforts to reduce steelmaking capacity will support global prices, along with domestic demand stimulation measures undertaken by Beijing. MMK's Q1 financial performance will be affected by upward pressure from higher iron ore prices. But some of the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous