You are here: Home > Steel News > Latest Steel News > Subsidiary...

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

Wednesday, 28 August 2024 16:43:12 (GMT+3)   |   Istanbul
       

Russian steelmaker MMK Group has announced that its group company Magnitogorsk Rolling Rolls Plant (MZPV) is continuing the construction of its new roll shop, entailing an investment of about RUB 12 billion ($131.22 million) and that the first production is scheduled for 2025.

Accordingly, having a production capacity of 12,000 mt, the new roll shop will produce steel support rolls for hot rolling mills 2000 and 2500 and work rolls for hot rolling mill 5000. This way, MZPV will be able to meet MMK’s needs as well as the demand from other producers. Following the commencement of the new roll shop, the total production capacity of MZPV will increase to 33,000 mt per year.

The project is expected to be completed in the second half of 2026.


Similar articles

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

04 Sep | Steel News

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

14 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