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22 Oct
13:18

MMK expects stable fourth-quarter sales, construction demand

MMK’s sales are expected to grow in the fourth quarter due to increased demand from the construction industry, along with government economic stimulus, the Russian company says. Higher utilisation of the upgraded hot rolling mill-2500 should additionally support the group’s sales, and it will continue its strategy to maximise utilisation of high-margin production units. “Amid the stabilisation of hot-rolled coil prices in the Black Sea region, …
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