Magnitogorsk Iron and Steel Works (PJSC MMK) has launched the production of flat steel products featuring an innovative corrosion-resistant coating based on a zinc-aluminum-magnesium (Zn-Al-Mg) alloy. The production technology for this unique steel product was developed by the Scientific and Technical Center of PJSC MMK in collaboration with specialists from the Chief Rolling Department. Flat steel with the new alloyed Zn-Al-Mg coating offers enhanced durability, reliability, and cost efficiency ...

The Russian market of flat rolled products continues to shrink. Distributors and producers of welded pipes are reducing purchases of hot-rolled sheet and coil due to the continuing narrowing of demand. And no matter how hard metallurgical companies try, surplus products are gradually accumulating in warehouses. This problem is not too acute yet, but in case of further decline in consumption it may become actualized. Despite all these negative trends, prices for steel products are still relatively ...

At the end of April there were no significant events on the global or Russian steel market. The situation was determined by the previous trends, which consisted of weak demand for flat products, low level of business activity and relatively stable prices. Russian steel mills, in particular, announced an increase in quotations for May, but in June they will probably have to give up the continuation of growth. Visible consumption of all categories of flat products is noticeably lagging behind ...