21
May
16:00
MMK remains committed to Russian, CIS markets
Russian Urals-based steelmaker Magnitogorsk Iron and Steel (MMK) remains committed to its strategy of supplying mainly domestic and CIS markets, keeping exports as a backup. So said company chief analyst for steel markets Igor Sapozhnikov at a recent industry event in Italy.
MMK has been focussing its investment and sales efforts in the domestic market since mid-2000s, based on increasing demand, its geographical location away from major ports, and its…
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Anonymous
Very good overview of the weekly steel market.
Anonymous