Author: Lalita
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Russia: MMK Records Highest Ever Steel Shipments to Automotive Industry
In CY19, Magnitogorsk Iron and Steel Works’ (MMK) deliveries of steel products to manufacturers of automotive equipment and components in Russia and the CIS exceeded 650,000 MT, setting a new record for the company. Out of this, 605,000 MT was sold to companies in Russia ( up 8% Y-o-Y) and 53,000 MT to countries in the CIS (…