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22 Jun
17:30

MMK sees sales down 15%, but more exports in 2015

MMK may reduce sales of steel products by 10-15% in 2015 compared with 2014 because of worsening market conditions. The share of exports in sales, however, will simultaneously increase from 15% to 25%, MMK chief executive Pavel Shilyaev said at the recent St. Petersburg International Economic Forum. Shilyaev claimed the current steel market situation is worse than last year and there has been significant drop in prices for steel products, according to a …
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