Russia: MMK finished steel sales in Q2 drop 19% q-o-q

MMK Group’s total sales of finished steel products in the second quarter dropped by 19% q-o-q to 2.23 mn t compared to 2.74 mn t in the previous quarter. The decline in sales was mostly due to longer scheduled maintenance and global slowdown. Total sales in H1 CY’20 fell by 11.9% y-o-y to 4.96 mn t.


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