MMK reports record production at steel mill

Russia-based OJSC Magnitogorsk Iron and Steel Works (MMK) has reached a record 5 million metric tons in total production of cold and galvanized rolled products at its Mill 2000, which serves primarily the automotive industry, as well as household appliance producers and the construction industry.

The company’s steel share in consumption by AvtoVAZ, the largest Russian car producer, has reached about 60 percent. In addition to local producers, MMK’s steel is purchased by global automotive companies operating in Russia, including Ford, Volkswagen, and Renault-Nissan.