Russia: MMK metal shipments to TMK up in 2018

The meeting of the coordinating council of Magnitogorsk Iron and Steel Works (MMK) and TMK was held in Magnitogorsk. The representatives of both companies reviewed their joint work in 2018 and discussed future collaboration. According to the results of 2018, 504,600 tons of MMK’s flat steel products were shipped to TMK’s pipe mill. This represents…

Russia: MMK Group spending on social programs up in 2018

In 2018, MMK Group’s financial contributions to charitable causes and new social programs increased by 11% YoY, reaching nearly 2.5 billion rubles. MMK allocated over 1.6 billion rubles to charitable and social projects. A key aspect of MMK’s and the group subsidiaries’ social programs is the encouragement of social activities aimed at improving the health…

Russia: Severstal Distribution opens warehouse in Naberezhniye Chelny

A new warehouse of Severstal Distribution has been opened in the city of Naberezhniye Chelny. Its main customers will be the machine-building and construction companies. “Last year Severstal Distribution increased sales in the Privolzhye Federal District, by 25% YoY, to 200 thousand tons. Four subsidiaries were selling metal – in Kazan, Samara, Nizhniy Novgorod and…

Russia: construction begun at Altai-Koks

Koksokhimmontazh has started constructing above ground structures to implement coal charge stamping at the coke over battery No. 5 of Altai-Koks. According to the new technique, the charge will be loaded into the coke oven not from above, but horizontally as a briquette. This year 12 objects will be built at the site. “The technique…