In September this year Russian steelmaker Novosibirsk Metallurgical Works named after Kuzmin (NMZK) plans to reach its highest level of output since the beginning of the current year and to produce 17, 364 mt of steel products, including 14,193 mt of electric welded and shaped pipes and pipes for water and gas supply, and 3,170 mt of rolled steel products, the Novosibirsk regional administration has stated.
NMZK has resolved its problem of raw material supply shortage, which has been its main problem up to now. In August, about 17,000 mt of slabs will be delivered to NMZK by Evraz's West-Siberian Steel Works (ZapSib) and by Metalloinvest's subsidiary Ural Steel. Up to the end of the current month 4,800 mt of steel products will be manufactured at NMZK.
According to the Novosibirsk regional administration, the uninterrupted production activity of NMZK will be also ensured by the developed sales network of Russia's largest metal trader Metallservis Group (Metallservis).
As SteelOrbis previous reported, within the framework of a management agreement reached with Novosibirsk regional administration and Metallservis, on July 22 NMZK restarted its production operations, which were stopped in April this year on account of its debts.