MMK recognised as best producer of coated steel
The ranking of leading producers and suppliers of ferrous and non-ferrous metal products is compiled by the magazine regularly. In the latest issue the ranking was published based on the results of the second half of 2017. For more than two years MMK has ranked first in the category of producers of galvanised and coated metal, which over the last 15 years significantly increased capacity to produce galvanized metal and metal with a polymer coating.
Specifically, three continuous hot dip galvanising units and two polymer coating units went into operation. Within the framework of the second phase of construction of the new cold rolling complex in rolling mill No. 11, in 2012 one more continuous hot dip galvanising unit was commissioned, as well as a combined continuous annealing and hot-dip galvanising unit. Finally, in 2017 continuous hot dip galvanising unit No. 3 was put into operation, built on the site of rolling mill No. 11. The productivity of this unit amounts to 360,000 tonnes a year. With its commissioning, MMK's capacity for the production of galvanised steel increased to more than 2 million tonnes per year. When the project was implemented, MMK was awarded the title of laureate in the contest "The Main Event of 2017 in Russian Metallurgy", the results of which were presented at the exhibition "Metal-Expo".
In addition, in the ranking of the "Metal supply and sales" magazine for H2 2017, MMK appeared among the top three producers of flat steel. MMK-METIZ (Magnitogorsk metalware and calibration plant), part of the MMK Group, is among the top three manufacturers of metalware products.
The ranking of the best Russian producers and traders of ferrous and non-ferrous metals is based on questionnaires received from customers of metal products, the results of expert surveys of the metal market, and also complex analysis of companies' operations. In determining the best enterprises, the following criteria were taken into account: the dynamics of business development, the volumes of supply, the level of service, the quality of products, the supplier's reliability in fulfilling contractual obligations and openness in the provision of information.
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 2016, the company produced 12.5 million tonnes of crude steel and 11.6 million tonnes of commercial steel products. MMK Group had sales in 2016 of USD 5,630 million and EBITDA of USD 1,956 million.
Investor Relations Department:
Andrey Serov, Head of IR
tel.: +7 (3519) 24-52-97
E-mail: serov.ae@mmk.ru
Communications Department:
Dmitry Bulin tel.: +7 (499) 238-26-13 E-mail: bulin.dn@mmk.ru |
Dmitry Kuchumov tel.: +7 (499) 238-26-13 E-mail: kuchumov.do@mmk.ru |