Russian steelmaker MMK delays decision on Turkish plant restart

By Reuters / November 02, 2018 / www.mining.com / Article Link

MOSCOW-MMK, one of Russia's largest steel producers, has postponed a decision on the restart of hot-rolled steel production at its Turkish plant because of general market uncertainty, the company said on a conference call on Friday.

The company will consider restarting the MMK Metalurji complex in mid-2019, it added.

(Reporting by Diana Asonova; Writing by Polina Devitt; Editing by David Goodman and Jan Harvey)

Recent News

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com

US regional bank slump goes global, driving market into gold

October 20, 2025 / www.canadianminingreport.com

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok