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20 Oct
14:18

MMK's third-quarter pig iron output increases

Russian steelmaker MMK increased output of some products in the third quarter, but year-to-date production volume decreased amid difficult market conditions. MMK's Q3 output of crude steel declined by 3.3% on-quarter to 2.79 million tonnes, mainly due to a decrease in steel output at the Turkish division and market headwinds globally, MMK says in a note sent to Kallanish. Nine-month volume also declined 11.7% on-year to 8.85mt due to a slowdown in business act…
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