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MMK

August 21, 2007

MMK leads the Russian market in value added steel products

MMK occupies leading positions among Russian steel producers as regards value added products.

According to Chermet data, MMK holds the first place in Russia in production of hot rolled flat products, cold rolled bands and cold-formed sections, with a second place in steel articles (metalware), galvanized and polymer coated flat products, and a third in cold rolled flats. MMK is the country's exclusive producer of tin plate, with a 100% stake of the market.

The main focus of Russia's largest single site steel mill is on hot rolled strip which accounts for 54% of its total sales. MMK turns out 41% of the hot rolled flats produced nationwide. The share of cold rolled products in its shipments is 14% (or 32% of the country's production), while the share of galvanized and polymer coated strip is 4 and 1%, respectively, but this accounts for about a quarter of the national production of these products. As said earlier, MMK produces 100% of tinplate in Russia, and more than half of cold rolled band and cold-formed sections, including 100% of siding material for railway cars. A large-scale modernization programme launched by the Company provides for further increase of value added goods production.

 

 

 

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