Russia's MMK to start new BF in 2024, no pig iron sales planned

Russia's Magnitogorsk Iron & Steel Works (MMK) is to commission a new blast furnace (BF) to produce additional pig iron volumes to be used in its own steelmaking operations, the company told Fastmarkets this week.

No pig iron sales are planned.
The project, at MMK's steelmaking complex at Magnitogorsk in the Chelyabinsk region of Russia, is expected to start in July 2021, with the start-up of the furnace planned for 2024, the company said.

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