MMK Trading House modernises specialised product production

At the beginning of August, together with representatives of the Italian company “MAGMA”, specialists from the company commissioned a new glue system. This equipment improves the quality of the gluing process, allowing production at world-level standards. In addition, modernisation of the production line will lead to an increase in labour productivity and product yield as well as cost reduction.

The MMK Trading House site in Shelkovo is a large complex handling the production of corrugated sheeting, metal tile, trim, soffits, and sandwich-panels. The facility capabilities allow for the production of up to 100,000 tonnes per year. Sandwich-panels are produced at the Australian Hilleng line. In 2017, the output exceeded five thousand tonnes, approximately a quarter of which was purchased by MMK for use in the construction of the plant’s production facilities. In particular, the sandwich-panels produced by MMK Trading House are required for the ongoing construction of buildings for a new sinter plant, sheet rolling workshops No. 4 and 11 and a new ticket office for the Metallurg Arena.

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.

Investor contacts:
Andrey Serov
tel.: +7 (3519) 24-52-97
E-mail: serov.ae@mmk.ru

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