Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced that in 2014 it shipped a record amount of products to pipemakers and produced its largest-ever annual volume of hot rolled products in 2014.
In 2014, MMK shipped over 2.78 million mt of steel products to pipemakers, up 24.3 percent year on year. The company’s share in the domestic market improved to 33.2 percent in 2014, from 29 percent the year before. MMK has continuously been among the leaders metal suppliers for the Russian pipe sector, which includes such companies as Chelyabinsk Pipe-Rolling Plant (ChelPipe), Volzhsky Pipe Plant and Seversky Tube Works (both part of TMK), Almetyevsk Pipe Plant (part of United Metallurgical Company), Urals Pipe Works (Uraltrubprom) and TEM-PO Naberezhnye Chelny Pipe Works. MMK is capable of producing complex steel grades used in pipe production, and has participated in a number of major domestic and international oil and gas projects, including major pipelines such as Sakhalin-Khabarovsk-Vladivostok, Bovanenkovo-Ukhta, Central Asia-China, Southern Corridor, Beineu-Bozoi-Shymkent and Power of Siberia, as well as oil pipelines such as the Baltic Pipeline System-II and the Eastern Siberia–Pacific Ocean oil pipeline.