06
Feb
15:54
MMK expects reduced first-quarter sales volumes, higher prices
Russia's MMK expects seasonality and scheduled equipment maintenance to affect its sales volumes in the first quarter. This should be balanced by higher prices on export and domestic markets, the steelmaker says.
MMK's full-year consolidated revenue grew 34% on-year to $7.55 billion in 2017. This was due to the increase in average sales prices (by $143/tonne or 33.1%), recovery of the dmestic sales' share, and a stronger ruble rate, MMK explains in i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous