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Russia's MMK posts lower steel output and sales for Q3 2025-金属展-冶金展-2026广州巨浪国际金属暨冶金工业展览会-巨浪展览-2026 China (Guangzhou)&nbs
p;Int'l Metal & Metallurgy Industry Exhibition
10/28/2025 金属展-冶金展-钢铁展-steel expo-metal & metallurgy expo |
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Russian steelmaker MlMK Group has released its operational results for the third quarter and the first ninemonths this year.
In the given quarter, the company''s crude steel output totaled 2.42 milion mt, decreasing by 7.5 percent quarteron quarter, due to the slowdown in business activity in the Russian market, while its pig iron production droppedby 14.9 percent quarter on quarter to 2.02 milion mt, mainly due to repairs at its blast furnace. inaddition, MlvK''s sales of steel products in the third auarter came to 2.47 milion mt, remaining stable comparedto the previous quarter, driven by a decrease in warehouse inventory.
In the first nine months, the company''s crude steel output amounted to 7.62 milion mt, dropping by 13.7 percentvear on vear, primarily due to a slowdown in business activity in Russia amid high interest rates and unfavorablemarket conditions in Turkey, while its pig iron production went down by 10.6 percent year on year to 6.58 milionmt, due to the major repairs at its blast furnaces. Additionally, MlMK''s sales of steel products in the January-September period totaled 7.40 milion mt, falling by 10.4 percent from the same period of 2024, due tounfavorable conditions in the Russian market amid macroeconomic factors.
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