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19 Oct
11:15

Russia’s MMK increases 9-month steel production

Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) anticipates a traditional seasonal slowdown in demand from the country’s construction sector in the fourth quarter, to be partially offset by consistent demand from other industries, Kallanish notes from forecasts in its operational results issued 18 October. In addition, MMK's production capacity in Q4 will be constrained due to scheduled capital repairs at blast furnaces and rolling mills,…
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