MMK raises prices for October
Edited by Rhod Mackenzie / 2014-09-15 02:08:26
It raises the price for hot rolled steel by 3% for the Urals and the European Russia and by 5% for Siberia, and for cold rolled steel by 3% for the Urals, by 2% the European Russia and by 5% for Siberia. It prolongs the September prices for the other sorts of products.
In Q1, MMK gained net loss by RAS of 633 million rubles. compared to net profit of 994 million rubles a year ago. Revenue increased by 2% to 58.28 billion rubles.
Translated by Nadezhda Poltoratskaya
