Veles Capital Released Daily Russian Market Review
OREANDA-NEWS. August 6, 2010. Veles Capital released daily market review:
Mosenergo and Volzhskaya TGK reported for 1H 2010 by RAS. Sales of both companies grew mainly at the expense of the increase of power energy selling volume and capacity at the free market due to continuing liberalization of the power energy generation market in
MMC output data on selling of finished goods in 1H 2010. Selling of metal products by MMC grew by 32.3% to 5.08 mn tons in 1H 2010 from 3.84 mn tons in the similar period of 2009. The key consumers of MMC products at the domestic market were the pipe metallurgy companies, which occupied 33% of supplies in RF.
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