MMK Leads Russian Market in Value Added Steel Products
OREANDA-NEWS. August 21, 2007. MMK occupies leading positions among Russian steel producers as regards value added products, reported the press-centre of MMK.
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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