04 June 201409:13
MMK: We focus on consumers of high value-added goods
June 4, 2014. Making its new facilities pay off, all-round improvements in efficiency, and more focus on specific consumers remain Magnitogorsk Iron & Steel Works’ (MMK) key strategic priorities, the company’s Business Development & Efficiency Management Director Maxim Lapin said at the 22nd metallurgical summit that was held in Moscow under the auspices of Russian Steel Non-Commercial Partnership. Lapin believes that de-commoditization, that is, switching from supplying the market with non-specific, mass market goods (ingots, slabs, fittings, hot-rolled rolls, and standard-size