17
Mar
10:44
MMK increases automotive sector steel supply
Russia’s Magnitogorsk Iron and Steel Works (MMK) shipped more steel to the automotive sector in 2019, the company says.
Deliveries to the sector in Russia and the CIS countries amounted to 650,000 tonnes last year, a new record for the second consecutive year, Kallanish notes. Some 605,000t were supplied to Russia, up 8% on-year, and 53,000t went to CIS countries, up 37%. The automotive industry’s share in MMK's overall supplies to the Russian mark…
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Anonymous
Very good overview of the weekly steel market.
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