MMK coated products output goes up by a third in 2013

25 March 2014 (11:32)

March 25, 2014. Magnitogorsk Iron & Steel Works (MMK) increased its coated products output by nearly one-third in 2013, Senior Manager of the company's Local Coated Metal Goods Sales Department Sergey Pikalov announced at the 9th International Conference on Zinc- and Paint-Coated Rolled Products.

Magnitogorsk Iron & Steel Works produced 1,170,000,000 kg of coated metal goods in 2013, which was 29% more than in 2012. 825,000,000 kg of galvanized rolled stock were made (+40.5% on 2012) and 345,000,000 kg of rolled stock with polymeric coating (+7.8% on 2012). Such a considerable increase in the galvanized rolled stock output was made possible due to the launch of cold-roll Mill 2000 (the second extension to which was commissioned a year earlier).

In 2013, MMK managed to increase its share of the Russian market by 15% in the polymer-coated rolled stock segment and by 26% in the galvanized rolled stock segment. The domestic market remains the priority one for the company: last year, 88% of polymer-coated rolled products sales were made on the Russian market, and 12% were sold within the CIS. This year, MMK is planning gradually to increase its share of polymer-coated rolled stock on the domestic market to meet the growing demand.

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