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20 May
17:29

MMK nears sinter plant launch

Russia's Magnitogorsk Iron and Steel (MMK) is nearing completion of the second stage of construction of its new sinter plant, the company says in a note sent to Kallanish. The sintering machine No.2 of the new 5.5 million tonnes/year sinter plant will be commissioned in July, adding around $40 million to the company's Ebitda. The effect will be achieved by producing higher-iron-content agglomerate, which will enable lower coke consumption …
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