It's reported that Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) predicted that its shipments of cold rolled (CR) steel products would be at around 118,000 tons in September, falling by 17% from a month ago.
MMK expected to ship 92,000 tons to the domestic market and 26,000 tons to export markets.
Meanwhile, MMK's shipments of CR steel products totaled 1.1 million tons in the first eight months of this year, rising by 11% year on year.