11
Dec
15:19
MMK broadens product range with Lysva acquisition
Magnitogorsk Iron & Steel Works (MMK) has acquired Lysva Metallurgical Company (LMC), Russia’s only producer of electro-galvanised coated sheet, the Russian steelmaker says.
LMC produces up to 350,000 tonnes/year of CR coated sheet for use in the automotive, construction and engineering industries.
“The acquisition of LMC will strengthen MMK by expanding our product range,” MMK chief executive Pavel Shilyaev says in a note sent to Kallan…
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Very good overview of the weekly steel market.
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