11,139.46 TRY BIST 100 BIST 100
42.13 TRY Interest Interest
84.64 USD Fossil Oil Fossil Oil
29.51 USD Silver Silver
4.27 USD Copper Copper
105.04 USD Iron Ore Iron Ore
382.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,581.56 TRY Gold (gr) Gold (gr)

MMK provides Russian shipbuilding industry with Arctic steel

Magnitogorsk Iron and Steel Works is Russia's leading steel producer in the shipbuilding industry, holding 50% of the market for the supply of metal to shipyards.

MMK provides Russian shipbuilding industry with Arctic steel

According to the Russian news agency Rusmet;

MMK holds 50 % of the market share in the supply of metal to Russian shipyards.

The development of Arctic hydrocarbon resources and the intensive use of the Northern Sea Route require the use of cold-resistant steel for the construction of icebreakers and marine equipment. The main materials for Arctic structures are low-alloy, high-strength, weldable steels with a ductile-brittle transition. Steel for icebreakers, offshore platforms and Arctic equipment must meet special requirements.

The MMK steels provide a competitive advantage by offering a unique combination of high strength, toughness and low temperature properties (down to -60˚C) with economical alloying. These steel grades can be used without restriction in arctic conditions and have no equal in the world. MMK is also developing the production of Ags index steels for use in the Far North.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

Milaha and Qatar Steel forge strategic alliance to boost global steel export capabilities

Friday, July 19, 2024

BGH decision causes concern in the green steel sector

Thursday, July 18, 2024

Transformations in the UAE rebar market

Thursday, July 18, 2024

China and Indonesia's dominance affects Vietnam's stainless steel industry

Thursday, July 18, 2024

India's steel exports plunge 36% in the first quarter of FY 2024-25

Thursday, July 18, 2024
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now