Author: Lalita
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Russia: MMK Reports Decline in Steel Output and Sales in Q1 CY’20
Russian steel major MMK Steel today announced its trading update for the first quarter of CY’20. The company reported 1.6% Q-o-Q drop in total steel output, registering 3.02 MnT in Q1 CY’20 due to maintenance work at converter facilities and scheduled reconstruction of hot rolled Mill 2500. And on yearly basis, steel output declined by…