Russia: MMK steel output down in Q2 2019

Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) reduced its steel output by 0.5% QoQ, to 3.091 million tons in April-June, while cast iron production rose by 2.3%, to 2.452 million tons, the company said in a statement. In January-June it raised its steel production by 0.4% YoY, to 6.198 million tons. Cast iron production…

Russia: MMK repairs wire mill-170

MMK has completed the repair of the small-section mill-170. The mill saw repair of its heating furnace, as well as the replacement of all Stelmor fans. The contract to modernize the mill was concluded in late 2017 with Danieli and Officine Meccaniche S.p.A. The cost of the contract was 5.5 million euros. At present both…