MMK’s finished steel sales in Q3 2020 grew by 23.3% q-o-q to 2.61 mn t due to a recovery in business activity and the launch of Hot-Rolling Mill 2500. Steel sales in 9M CY’20 decreased by 11.2% y-o-y to 7.33 mn t, driven by longer scheduled maintenance and worsening market environment on the back of the COVID-19 pandemic.
Leave a Reply