Author: Lalita

  • Russia: MMK’s steel output remains flat q-o-q in Q1 CY ’21

    Russia: MMK’s steel output remains flat q-o-q in Q1 CY ’21

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    Russian steel producer MMK Group has released its quarterly results of the first quarter of CY ’20. Let’s take a look at the operational highlights: Steel output remained largely flat q-o-q, reflecting favourable market conditions. The same increased by 9.2% y-o-y. Sales of finished products decreased by 4.6% q-o-q due to the build-up of metal…