Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has stated that in February this year it plans to ship around 460,000 mt of hot rolled steel products, down 12 percent compared to January, including 280,000 mt of material to the domestic market and around 180,000 mt for export.
In January this year, MMK shipped around 522,000 mt of hot rolled flat steel products, up two percent year on year.