15
Feb
00:00
MMK to keep 12mt annual hot metal output for ten years, boosts auto sector shipments
Russia’s MMK plans to maintain production of hot metal at 12 million tonnes/year over the next decade, with a focus on minimising costs, despite a potential decline in steel demand from key end-use sectors.
If Russian gdp growth slows, demand is likely to decline from the construction, pipemaking and automotive industries in the next three years. It will then recover, MMK Director for Business Development and Efficiency Maxim Lapin says in a statement …
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Anonymous
Very good overview of the weekly steel market.
Anonymous