16
Apr
14:24
MMK's first-quarter sales slip, output unaffected by upgrades
Russian steelmaker MMK reduced pig iron output in the first quarter by -6.3% on-quarter to 2.4 million tonnes, although this was only -0.3% down on Q1 2018. The fall came on the back of blast furnace No.7’s ongoing upgrade. The company's crude steel output remained flat on Q4 at 3.1mt, but slipped -1.3% on-year, as more scrap was used in the charge, MMK says in a note seen by Kallanish.
Domestic demand is currently at a hi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous