17
Jul
01:00
MMK sees third quarter upturn in Russian domestic steel market
The price premium obtainable for steel products in the Russian domestic market means that exporting steel is a less attractive proposition. So says Russian steelmaker MMK in its first half 2015 trading update, monitored by Kallanish.
In early Q315, MMK is seeing “… a seasonal demand recovery” on the domestic market which, it says, is expected to have a positive influence on production capacity utilisation. Average price/tonne realised in Q…
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Anonymous
Very good overview of the weekly steel market.
Anonymous