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22 Jun
16:59

MMK accelerates steel range development

Russia's MMK is postponing modernisation of continuous slab caster No.4 at the principal Magnitogorsk works until 2025-2026, and plans to build a new caster in 2022-2025 instead. The tender for the supply of equipment will be announced before end-June, the company tells Kallanish. The decision stems from MMK's ongoing strategic initiatives to drive downstream expansion and increasing feedstock prices affecting production costs. In the first …
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