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20 Apr
17:02

MMK Metalurji's Q1 sales fall on slow economy

Turkey-based MMK Metalurji's finished product sales declined -8.9% quarter-on-quarter to 210,000 tonnes in the first quarter, Kallanish learns from the flat steelmaker's Russian parent firm MMK. The fall was driven by "... lower economic activity in connection with expectations that the market environment would improve following possible changes in the constitution," MMK explains in its Q1 trading update report.  Compared to t…
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