You are here: Home > Steel News > Latest Steel News > Russia’s...

Russia’s MMK to begin production of equipment for steelmaking and mining

Wednesday, 14 August 2024 12:07:30 (GMT+3)   |   Istanbul
       

Russian steelmaker MMK Group has announced that its group company Mekhanoremontny Kompleks, which specializes in equipment manufacturing, is continuing its investments in the construction of a machine building workshop. According to MMK, the total cost of the investment will exceed RUB 5 billion ($54.42 million).

The new workshop, which will have a capacity of 10,000 units per year, will produce heavy engineering equipment, primarily focusing on the production of metallurgical, mining, processing, lifting and transport equipment.

Currently, the company is dismantling old buildings on the project site. The foundation will be laid by the end of this month and then structures will begin to be installed. The workshop is scheduled for start-up in the last quarter of next year.


Similar articles

Russia’s MMK to invest over RUB 20 billion in environmental protection

04 Sep | Steel News

Subsidiary of Russia’s MMK to commission first stage of new roll shop in 2025

28 Aug | Steel News

Russia’s MMK to build new foundry and forging shop to reduce imports

05 Aug | Steel News

Russia’s MMK implements largest project in its history to cut dust emissions

29 Jul | Steel News

Russia’s MMK begins production with new coke battery

23 Jul | Steel News

Russia’s MMK completes upgrade of its BF No. 2

20 Jul | Steel News

MMK’s new sinter plant to help reduce pig iron production cost

21 May | Steel News

MMK to reduce delivery time to Turkey with new railway route

08 Aug | Steel News

MMK reconstructs BF No. 1 to reduce environmental impact

13 Jul | Steel News

MMK and Coskunoz Alabuga launch new steel service center in Tatarstan

16 May | Steel News