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25 Apr
15:05

Russia’s MMK expects second-quarter sales recovery after repairs

Russian steelmaker MMK forecasts a recovery in sales volume in the second quarter, primarily for premium products. This is against the backdrop of completed repairs in the rolling segment and positive trends in the country’s steel consumption, supported by seasonal growth in construction activity, Kallanish notes from MMK’s latest earnings report. This will have a favourable impact on the steelmaker’s financial performance in Q2, the company expe…
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