MMK approaches completion of construction of 2nd stage of state-of-the-art sinter plant

PJSC Magnitogorsk Iron and Steel Works’ (MMK) new hi-tech sinter plant, the second stage of which is scheduled for commissioning in the near future, is expected to add an additional c. USD 40 mln to the Company’s EBITDA per year. In addition to the increased productivity, the unit should significantly decrease MMK’s environmental impact. The news was shared with investors at the international Global Metals, Mining & Steel conference in Barcelona, organised by Bank of America Merrill Lynch. MMK’s delegation was led by CEO Pavel Shilyaev.

Read more at MMK approaches completion of construction of 2nd stage of state-of-the-art sinter plant.

Leave a Reply

arrow
%d bloggers like this: