MMK Metalurji Decrease in Sales by 5.6%
OREANDA-NEWS. MMK Metalurji sales of finished products in Q3 2015 amounted to 198 thousand tonnes, reflecting the company's maximum capacity utilisation at the current production mix. The decrease in sales by 5.6% q-o-q relates to a high base effect from the previous quarter, when the company saw record monthly production rates (partly due to higher utilization rates of polymer-coating line with semi-finished products coming from the stocks).
Finished products sales in 9M 2015 increased 12.4% y-o-y.
Since Q2 2015 most part of MMK Metalurji needs in semi-finished rolled steel are covered by supplies of HRC, produced at the key production site of MMK Group in Russia.
It is expected, that notwithstanding seasonal business activity weakening in Q4 and political instability in Turkey, MMK Metalurji will be able to increase finished products sales in 2015 versus 2014.
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