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 press releases

MMK

June 15, 2020

Galvanising unit at MMK's sheet-rolling shop No.11 achieves record monthly production volume

The continuous hot-dip galvanising unit, located in sheet-rolling shop No. 11 of Magnitogorsk Iron and Steel Works (MMK), produced 38,014 tonnes of galvanised rolled metal in May 2020, a record level of production for this unit since its launch. 

The previous record for monthly production at the unit was 37,451 tonnes which was set in August 2013. This continuous hot-dip galvanising unit has a capacity of 450 thousand tonnes per year and is part of MMK's modern cold-rolling complex which was commissioned in July 2012. The main purpose of the complex is to produce high-quality cold-rolled and galvanised steel for the automotive industry, manufacturers of household appliances and the construction industry. Currently, this unit provides Russian car manufacturers with galvanised rolled products with a group 'C' surface. The technological equipment of the complex includes a continuous etching line for turbulent etching in hydrochloric acid combined with a five-cell cold rolling mill with a capacity of 2,100 tonnes per year; a continuous hot dip galvanising unit with a capacity of 450 thousand tonnes per year and a combined continuous annealing/hot dip galvanising unit with capacity of 650 thousand tonnes per year. The launch of MMK's modern cold-rolling complex in 2011 and 2012 was recognised as "Event of the Year in Russian Steelmaking". The winner of this title is announced each year at ‘Metal-Expo’, the international industrial exhibition.

The commissioning of galvanising facilities as part of the construction of the cold-rolling complex at sheet rolling shop No.11, as well as the launch of the continuous hot dip galvanising line at the site, allowed MMK to become the leader of the Russian galvanised metal market with a total capacity exceeding 2 million tonnes per year. These projects were implemented in accordance with the Company's strategy to increase the share of deep processing products with high added value.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Coal Mining | Conglomerates | Construction Materials | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Ore Mining | Other | Other Extracting | Other Industrial | Other Service | Other Utilities | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

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


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer