The Russian steel producer Magnitogorsk Iron and Steel Works (
MMK) is this week to restart one of its
production lines in the flat rolled workshop №5, which was seriously damaged in a fire outbreak in late November.
The restarted line will allow
MMK to commence
production in its cold-rolled workshop.
As for the semi-finished goods necessary for the
production of cold-rolled products,
MMK has concluded agreements with the Russian steelmakers
Severstal and Novolipetsk Steel (
NLMK), and also with
Kazakhstan-based Mittal Steel Temirtau, for the supply of a total of around 50,000 metric tons of
semis.
MMK did not specify the terms of the concluded agreements.