MMK aims to supply steel products to 100% of carmakers in Russia

Tuesday, 22 March 2016 14:05:01 (GMT+3)   |   Istanbul
       

Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced that it is aiming to supply steel products to 100 percent of car manufacturers operating in Russia, and within this scope has been consistently implementing its import substitution strategy and received approved rolled steel supplier status.

According to MMK’s statement, its rolled steel has already been approved by 80 percent of carmakers in Russia and 60 percent of them procure MMK’s rolled steel on a regular basis. In particular, MMK is a key supplier of rolled steel to Russian automakers AvtoVAZ and UAZ. Furthermore, MMK has received approval from a number of international companies with localized production in Russia. In the coming years, MMK plans for 100 percent of car manufacturers who localize their production in Russia to receive its steel.

MMK also stated that the commissioning of its Mill 2000 in 2011-2012 enabled it to convincingly compete with its international peers. The Mill 2000 is able to meet the most rigorous requirements for surface quality of cold rolled and hot dip galvanized steel, cover tight thickness requirements, as well as apply zinc-iron (galvanneal) and phosphate coating for anti-corrosion protection.

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