15
Feb
16:15
Lower prices drive down MMK Metalurji’s 2015 revenue
Turkish cold roller and galvanizer MMK Metalurji’s revenue decreased -13.8% on-year to $554 million in 2015 due to lower prices at its key markets, its Russia-based parent firm, MMK, says.
Ebitda grew 28.6% to $36 million in 2015, thanks to an increase in sales volumes of steel, including high value added (HVA) products, MMK says in a statement. Total finished steel sales of MMK Metalurji rose 15.2% y-o-y to 795,000t in 2015 (see Kallanish 26 January)…
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Anonymous
Very good overview of the weekly steel market.
Anonymous