30
Aug
14:11
MMK enjoying favourable Q3 amid construction demand
Russian steelmaker MMK says the favourable situation in the Russian market continues in the third quarter of 2023.
Demand stabilization at a high level is supported by seasonal construction activity and sustainable consumption in other industries, the enterprise claims.
MMK's revenue in the first half of the year fell 12.5% on-year to RUB 352.7 billion ($3.6 billion) against the background of lower prices for steel products, Kallanish notes. Ebitda…
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Anonymous
Very good overview of the weekly steel market.
Anonymous