Steel output of Russia’s Magnitogorsk Iron and Steel Works (MMK) increased by 3.8% QoQ, to 3.182 million tons in April-June, the company said in a statement July 17.
In January-June, steel production rose by 0.6% YoY, to 6.248 million tons.
Metal products sales fell by 3.2% YoY, to 5.605 million tons, in January-June, but increased by 5.9% QoQ, to 2.882 million tons, in April-June. (Prime/Ukrainian metal)