13
Oct
14:04
MMK sees improved Ebitda, expects reduced fourth-quarter sales
MMK expects significantly improved Ebidta in the third quarter thanks to increased shipments, improved sales mix and lower raw materials costs. However, sales in Q4 are likely to decline amid a seasonal slowdown of business in key markets.
Finished steel sales in Q3 rose 11.2% on-quarter to 3.09 million tonnes, driven by a 19.5% growth in domestic and CIS sales that offset a -13.4% fall in exports. Cold rolled coil recorded the steepest growth in Q3 sales at 30.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous