Magnitogorsk Iron and Steel Works (MMK) plans to keep steel output flat YoY in 2019, but it does not rule out a slight growth, CFO Andrei Yeryomin said in a conference call on February 7.
“We don’t expect any growth. The amount will be close to the level of 2018. A 1% growth is possible,” he said.
In 2018, MMK’s steel output rose by 1.5%, to 12.66 million tons. (Prime/Ukrainian metal)