10,319.96 TRY BIST 100 BIST 100
4.49 CNY CNY CNY
34.99 EUR EUR EUR
32.25 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
42.53 TRY Interest Interest
83.58 USD Fossil Oil Fossil Oil
29.64 USD Silver Silver
4.91 USD Copper Copper
117.33 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,467.82 TRY Gold (gr) Gold (gr)

MMK sets a record for daily production of hot-dip galvanized steel

In November 2023, a record daily production of hot-dip galvanized rolled products was achieved at the hot-dip galvanizing section of the coated metal production facility at the Magnitogorsk Iron and Steel Works.

MMK sets a record for daily production of hot-dip galvanized steel

The maximum figure was recorded on November 14, when 2,883 tons of rolled products were produced at continuous hot-dip galvanizing units No. 1 and 2. This is a record daily volume of total production produced at the capacities of these units since their launch. Currently, the plant’s capacity for the production of galvanized products is fully utilized, and the output of these products at the Magnitogorsk site is approximately 30% higher than last year.

Over the past 20 years, PJSC MMK has been consistently working to increase the output of high-margin products of further processing with high added value, which includes galvanized steel. Thus, in 2002 and 2008, the plant put into operation two high-performance continuous hot-dip galvanizing units with a capacity of 500 thousand tons and 450 thousand tons. In 2012, the second stage of the new cold rolling complex came into operation, which also includes an ANGC and a combined continuous annealing/hot-dip galvanizing unit. In July 2017, the Magnitogorsk Iron and Steel Works commissioned continuous hot-dip galvanizing unit No. 3 with a capacity of 360 thousand tons per year.

Comments

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

Most read news

How the CEO of Emirates Steel Arkan is Transforming Leadership

Saturday, May 18, 2024

Taiwan's Feng Hsin keeps prices stable

Thursday, May 16, 2024

US steelmakers set cautious growth expectations for 2024

Friday, May 17, 2024

Rebar prices fall in India

Friday, May 17, 2024

The new Dutch government is cutting climate funding

Friday, May 17, 2024
Follow List
Expand
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