MMK increased supplies to the domestic market by 18%

Vladimir Petenyov
News editor
press@blackterminal.com
MMK's supplies to the domestic market increased by 18% in 2023. Share of the Russian market in the Company's total sales of rolled products amounted to 83%. Steel production in the country in 2023 amounted to 75.8 million tons, up 5.6%. This was possible due to the growth of domestic steel consumption, which increased by 12%. Increased demand was noted in all industries, but the most significant growth rates were noted in the automotive and construction sectors.
Magnitogorsk Iron and Steel Works
Magnitogorsk Iron and Steel Works
Review
Source: mmk.ru
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