Russia: MMK launches new galvanizing unit

PJSC Magnitogorsk Iron and Steel Works has commissioned the continuous hot-dip galvanizing unit No. 3. The unit will increase MMK’s capacity for the production of galvanized steel by almost 20%, to more than 2 million tons a year. The unit is designed to produce zinc-coated products through the hot-dip galvanizing of cold-rolled, thin-sheet, low-carbon steel.…

Russia: MMK net profits up in H1 2017

In January-June Magnitogorsk Iron and Steel Works increased its net profits by 35.8% YoY, to 32.287 billion rubles ($538 million). According to the company statement, its earnings totaled 185.308 billion rubles ($3.088 billion), up by 17.5% YoY. Gross profit increased by 7.5%, to 48.863 billion rubles ($814 million), EBITDA – by 23.8%, to 40.016 billion…

Russia: MMK to receive Ural turbine

Ural Turbine Plant will supply a steam turbine T-42/50-2.9 to Magnitogorsk Iron and Steel Works. The turbine, capacitor, generator, heaters, pump equipment and pipelines will be assembled at the central electric plant of MMK. All the machinery will be supplied in Q2 2018. The new turbine will replace the AT-25 turbine, produced by the Ural…

Russia: MMK 2350 mill turns 75

The 2350 mill of MMK was produced in 1935 by Uralmash and sent to Zaporozhye. When in1941 the issue arose of producing armor steel, the equipment together with the workers and their families was evacuated from Mariupol to MMK. On July 1, 1942 the mill was put into operation. “Until the end of the war…

Russia: MMK to satisfy galvanized metal demand

The growing demand for galvanized rolled metal this year will be satisfied, in particular, because of the MMK putting into operation a new continuous hot-galvanizing machine. According to the company marketing specialist Igor Sapozhnikov, metal consumption in Russia this year will revive after a 3-years decrease. The main industries to support this growth will be…

Russia: MMK-Metiz confirms product quality

MMK-Metiz has certified its steel ropes according to GOST 3241 and GOST 16843-88. These ropes fully correspond to the requirements to such products. The MMK-Metiz ropes can be used in all the spheres of the industry: to lift and transport cargo, in cranes or lifting mechanisms, in mines, on excavators, elevators, etc. Following the certification…

Russia: MMK-Metiz product quality confirmed

The National agency of welding control has confirmed the quality of the welded copper-plated wire of MMK-S3MoTiB grade with the diameter of 3, 4 and 5 mm according to TU 14-4-1877-2004 produced by MMK-Metiz. The corresponding certificate has been issued. The wire could be used in the construction of North Stream 2. (Ukrainian metal)

Kazakhstan: Trading House MMK doubles sales

Since the beginning of 2017 the Trading House MMK LLC has sold over 75 thousand tons of rolled metal in Kazakhstan, up 2-fold YoY. The company has long and successfully been operating on the Kazakhstan market, increasing sales. In May the company sold its record volume of metal – 20 thousand tons. Trading House MMK…