MMK and Atakas to produce 1 million tonnes next year
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Sunday, 12 Dec 2010
MMK and Atakas Turkish JV said in a presentation that its new mill will produce 1.3 million tonnes of steel products.
Magnitogorsk Iron & Steel Works of Russia said that its core plant in the Urals will produce 12.0 million tonnes of steel products next year. This year's steel products output is seen at 10.2 million tonnes to 10.3 million tonnes.
The presentation said that MMK sees averaged realized price growth potential of at least 15% next year.
(Sourced from Reuters)
