07
May
01:00
MMK could reduce output if location hampers export hike plan, says Fitch
MMK could reduce production in the second quarter, as its plan to use exports to offset weak Russian demand will be hampered by the producer’s longer distance to export markets than other Russian mills. So says credit rating agency Fitch.
MMK said last month it plans to offset with export sales and import substitution weakening demand in Q2 from the domestic construction and construction materials industries (see Kallanish 23 April). This wou…
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Anonymous
Very good overview of the weekly steel market.
Anonymous