26
Oct
16:05
MMK Metalurji grows revenue, hot-end commissioning hits profitability
MMK's Turkish Metalurji works saw third-quarter revenue and Ebitda rise, but profitability slipped very slightly, as cost of production increased with the recommissioning of the hot-end and higher prices of hot rolled coil, Kallanish notes.
The firm's Q3 revenue gained 39.8% on-quarter to $330 million, reflecting higher sales volumes and their prices. Third-quarter sales totalled 249,000 tonnes of finished products, up 12.9% on-quarter, and nine-month sale…
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Anonymous
Very good overview of the weekly steel market.
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