02
Feb
14:45
MMK’s 2020 earnings drop, expects stable first-quarter demand
Russian steelmaker MMK expects stable demand in domestic and export markets will support sales volumes in the first quarter, keeping premium product capacity utilisation rate at the maximum level.
Major increases in raw materials prices will support price growth for MMK products, while its capital expenditure will also grow on-quarter amid ongoing implementation of strategic projects.
MMK's revenue declined -15.5% on-year in 2020 to $6.4 billion amid gl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous