23
Nov
00:00
MMK says low iron ore price to offset Q4 domestic sales decline
Magnitogorsk Iron & Steel Works (MMK) expects a seasonal decline in domestic sales volumes in the fourth quarter to be partially offset by lower iron ore prices, Kallanish learns from the Russian steelmaker. Deliveries in 2014 are seen up 7-8% versus 2013.
MMK’s Q3 domestic and CIS region sales were more or less flat on-quarter at 2.52 million tonnes. The share of cold rolled products in sales declined 1 percentage point to 11%, while the share of …
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Anonymous
Very good overview of the weekly steel market.
Anonymous