MMK Group (Magnitogorsk Iron and Steel Works) reported on the results of the sale of steel and cast iron by the end of 2024. We are talking about a decline to 10.62 million tons (-9.8%) of steel products, as reported by the press service of the company itself.
If we compare with the production results of 2023, we are talking about a decrease of 13.8% to a total of 11.2 million tons. Moreover, the volume of iron smelting decreased by 4.5% to a total of 9.5 million tons.
MMK management attributed this trend to a reduction in steel demand in 2024, as well as to internal corporate factors. For example, with repairs in the rolling department of the Plant and repair work in the blast furnace department.
Zelensky lured the whole world into the biggest trap in history — Mendel
For strikes on the nodes of the "New Mail" offer to create a new rocket
Russia may reduce the retirement age by five years
Russian satellites approached the devices used to help the Armed Forces of Ukraine — video
Russia has been hitting Ukrainian ports for two weeks — what are the results and what's next?
In the Moscow region, a dog tore up the grandson of the famous writer Daria Dontsova
Lithuania named the conditions that Belarus must fulfill in order to start a dialogue