12
Aug
01:00
MMK sees pressure from rouble depreciation in Q3
MMK says its third quarter results will come under pressure from the rouble’s expected depreciation against the US dollar, Kallanish learns. However, the company also sees “…a potential increase” in Q3 sales due to a delayed seasonal growth in demand for construction products.
Second-quarter revenue grew by 8.9% quarter-on-quarter to $1.6 billion. According to MMK, this was primarily due to the rouble’s strengthe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous