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18 Apr
15:08

MMK expects construction, manufacturing to drive second-quarter demand

Russian steelmaker MMK expects to benefit from the country's favourable market conditions in the second quarter, driven by seasonal growth in construction activity as well as by “robust industrial steel consumption”, the firm says in its operational results published on Tuesday. The company did not disclose to Kallanish which particular manufacturing sectors are expected to drive steel demand in Q2. At the same time, export restrictions due t…
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