MMK ships record volume of galvanized steel
OJSC Magnitogorsk Iron and Steel Works ("MMK", or "the Company") (LSE: MMK) shipped 1,135,500 tonnes of galvanized steel to its consumers in 2016, the most in the Company’s history.
The previous record of 1,115,700 tonnes was achieved in 2014. During the past 15 years, MMK has sustainably grown its galvanized steel output. In 2002 and 2008, the Company commissioned two high-performance continuous hot-dip galvanizing lines at its metal-coating shop. In 2012, MMK commissioned...