08
Jun
17:30
MMK's foresees lower Q2 sales on early restocking, slower construction
MMK expects a decrease in sales volumes in the second quarter vs Q1. This is due to earlier-than-usual restocking by traders and some deceleration of business activity in the construction sector, the company explains in a report seen by Kallanish.
Even though the rouble price on the domestic market recovered to export parity level in March, weakening domestic demand is now again putting pressure on rouble prices in Russia. Global iron ore prices remain low, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous