April 29, 2020 / 7:35 AM / a month ago

BRIEF-Russia's MMK Sees Risks Of Declining Sales Volumes In Q2

April 29 (Reuters) - Russia’s MMK:

* SAYS IN Q2 2020, THE GROUP SEES RISKS OF DECLINING SALES VOLUMES AMID WEAKER BUSINESS ACTIVITY

* SAYS CAPEX IN Q2 2020 IS EXPECTED TO BE HIGHER THANIN Q1 2020 DUE TO COMPLETION OF RECONSTRUCTION OF HOT-ROLLING MILL 2500

* SAYS MARKET UNCERTAINTY AMID COVID-19 PANDEMICIS EXPECTED TO PUT SIGNIFICANT PRESSURE ON GLOBAL PRICES FOR METAL PRODUCTS IN Q2 2020 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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