MMK Trading House expands its share of spot rolled steel market

20 August 2014 (12:02)

August 20, 2014. MMK Trading House is expanding its share of the Russia & the CIS rolled steel market: the company set up a representation in Kazakhstan in August 2014. In May 2014, a division in Pensa was opened as well.

MMK Trading House is responsible for 10% of Magnitogorsk Iron & Steel Works’ (MMK) domestic deliveries of metal products. The company is now gauging the potential demand for metal products on the Russian provincial markets and on the markets of nearby countries and is looking into the possibility of setting up new divisions.

This year, MMK Trading House experts implemented a set of measures to control the spending, improve sales of its stand-alone divisions, and reduce overheads.

‘The results we have achieved indicate that MMK Trading House is coping successfully with the tasks set for 2014, including an increase in sales efficiency and expansion of our distribution network,’ MMK says.

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