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15 May
18:28

MMK projects Turkish unit's Q2 sales to rise

Russia's MMK forecasts sales at its Turkish subsidiary, MMK Metalurji, to increase in the second quarter, thanks to the political stabilisation after the constitutional referendum in April. This will further boost the company's finances, MMK says in its first-quarter financial results release monitored by Kallanish. MMK Metalurji's Q1 revenue stood at $150 million, "... slightly higher than the preceding quarter, despite smaller sales vo…
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