MMK Reports Record Production at its Mill 2000
02/12/2015 - OJSC Magnitogorsk Iron and Steel Works’ (MMK) Mill 2000 has reached a record 5 million metric tons of total production of cold and galvanized rolled products.
The mill’s products primarily serve the automotive, appliance and construction industries.
With the launch of Mill 2000 in 2011, designed to be a source for import substitution, MMK has been increasing its share on Russia’s domestic market as a producer of high-quality automotive sheet for locally-operating and international car brands. The trend of import substitution has recently intensified as producers in Russia increasingly tend to switch to domestic supplies from imports as a result of the recent rouble devaluation, MMK says.
Mill 2000’s high-quality production, which meets the most advanced technical requirements, is widely recognized by local and international carmakers in Russia, the company says. MMK’s steel share in consumption by AvtoVAZ, Russia’s largest car producer, has already reached approximately 60%. In addition to local producers, MMK’s steel is purchased by major global automotive companies operating in Russia, including Ford, Volkswagen and Renault-Nissan. Samples have also been sent to Hyundai and Daimler for testing.
With the launch of Mill 2000 in 2011, designed to be a source for import substitution, MMK has been increasing its share on Russia’s domestic market as a producer of high-quality automotive sheet for locally-operating and international car brands. The trend of import substitution has recently intensified as producers in Russia increasingly tend to switch to domestic supplies from imports as a result of the recent rouble devaluation, MMK says.
Mill 2000’s high-quality production, which meets the most advanced technical requirements, is widely recognized by local and international carmakers in Russia, the company says. MMK’s steel share in consumption by AvtoVAZ, Russia’s largest car producer, has already reached approximately 60%. In addition to local producers, MMK’s steel is purchased by major global automotive companies operating in Russia, including Ford, Volkswagen and Renault-Nissan. Samples have also been sent to Hyundai and Daimler for testing.
