MMK in Russia to increase rolled steel production in Q4

Magnitogorsk Iron and Steel Works (MMK), the largest steel producer in Russia, will increase steel exports in the fourth quarter of this year.

The main reason for the increase in production in the last quarter of this year is the completely revamped hot-rolled mill.

With the addition of a new production line, MMK's total annual production of hot rolled coils could increase by 175,000–200,000 tonnes.