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29 Apr
16:37

MMK Metalurji profitability returns in first quarter

MMK Metalurji's product portfolio expansion in the first quarter yielded a higher on-quarter revenue, also supported by a partial steel price recovery in Turkey earlier this year. The steelmaker's Q1 revenue notched up 2.7% on-quarter to $113 million as a result. However, it was still -13.1% down on-year as sales of polymer-coated steel fell on the early termination of quotas by the EU, Turkey's largest export market. Polymer-coated steel deliveries fe…
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