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25 Mar
00:00

MMK aims to take 33% of Russian coated strip market in 2015

Magnitogorsk Iron & Steel Works (MMK) boosted its coated strip production by 12% last year compared to 2013, to a record 1.3 million tonnes. Output of galvanized sheet grew by a larger 17%, although colour-coated material remained at the previous year’s level, according to a statement from the Russian mill. MMK’s strategy is to continue to strengthen its position in the Russian market, notes senior group manager for regional sales Andrei Titov.…
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