02
Aug
15:13
MMK grows revenue, profit in second quarter
Russian steelmaker MMK is continuing to enjoy Russian seasonal steel demand recovery, Kallanish notes. It expects high capacity utilisation and the ongoing strength of Russian demand in the third quarter to yield a higher domestic price premium to export prices. The company anticipates that iron ore shortages will subside towards Q4, affording a correction in prices for the raw material towards the end of current quarter.
The company's Q2…
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Anonymous
Very good overview of the weekly steel market.
Anonymous