MMK to restart production at fire-damaged workshop

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.