print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all MMK press releases

MMK

May 23, 2018

MMK holds leading positions in rolled stock for pipes market

The Magnitogorsk Iron and Steel Works (MMK) is the largest supplier in Russia of rolled metal for the production of pipes and is constantly strengthening and expanding its cooperation with pipe producers, mastering new products that meet modern requirements.

This position was announced at the 8th All-Russia Conference “Steel Pipes: Production and Regional Sales” by Andrei Golitsin, the senior manager of the regional sales group of PJSC MMK. According to him, last year, MMK delivered about 1.9 million tonnes of steel to the Russian pipe companies, about 60% of all shipments of hot-rolled steel in the Russia.

The main consumers of such MMK metal include Chelyabinsk Tube Rolling Plant, Seversky Pipe Plant, Volzhsky Pipe Plant (part of the Pipe Metallurgical Company), Almetyevsky Pipe Plant (OMK Group), Ferrum, and Uraltrubprom. About 85% of the rolled metal for the pipe industry is sold in the Ural and Volga regions.

As part of the development of the plant’s interaction with the producers of pipe products, MMK has mastered production of the following types and dimensions:

• Rolled from steel grade 20A up to 14 mm thick
• Rolled from steel grades 09GSF and 13HFA with guaranteed corrosion properties up to 10 mm thick
• Rolled from steel grade 20F strength class K50 up to 10mm thick
• Rolled from steel grade DNV SAWL 450 FD

The production of hot-rolled coils from corrosion-resistant steel grades 09GSF and 13HFA with a thickness of 12-18 mm is planned in 2018. The production of rolled steel from grade 0H9 cryogenic steel instead of stainless steel for use in northern conditions is planned for the second half of 2018.

In addition, MMK produces its own pipe products. Last year, the total volume was 47.3 thousand tonnes, including 11.4 thousand tonnes of galvanized pipes. The production of profile welded pipes was mastered at the end of 2017.

Over 100 managers and specialists from metallurgical and pipe companies, metal traders, equipment suppliers, and the metal consumer industry gathered for the annual All-Russia Conference “Steel Pipes: Production and Regional Sales.” During the conference, industry insiders discussed the problems of steel welded and seamless pipe productions and consumption in Russia and abroad, assessed the balance of production capacities and their influence on the structure of the Russian market, and analysed the strategy for the development of pipe manufacturers in Russia and CIS countries and regional pipe markets.

About MMK

MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel-producing complex encompassing the entire production chain from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2017, the company produced 12.9 million tonnes of crude steel and 11.6 million tonnes of commercial steel products. MMK Group had sales in 2017 of USD 7,546 million and EBITDA of USD 2,032 million.

Media contacts:

Dmitry Kuchumov

tel.: +7 (499) 238-26-13

E-mail: kuchumov.do@mmk.ru

Dmitry Bulin

tel.: +7 (499) 238-26-13

E-mail: bulin.dn@mmk.ru

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer