MMK-Lysva Metallurgical Plant Reports Record Production in 2020
Despite the difficult situation in the Russian and international markets caused by the COVID-19 pandemic, LLC MMK-Lysva Metallurgical Plant demonstrated high production and financial results in 2020. In 2020, the Lysva Metallurgical Plant, a company of the PJSC MMK Group, located in the city of Lysva in Perm Territory produced 268 thousand tonnes of finished products, which is a record production in the history of the plant. The company's annual revenue amounted to 17,993 million rubles. MMK-LMZ managed to increase the volume of production of its main types of products compared to 2019. Thus, the production of all types of painted steel in 2020 amounted to 251 thousand tonnes, which is more than 5 thousand tonnes more than in the previous year. In particular, the company increased the volume of production of electrolytically galvanized steel with polymer coating from 209 thousand tonnes to 232 thousand tonnes and rolled steel of the SteelArt brand with a multi-layer decorative coating from 15.9 thousand tonnes to 18.7 thousand tonnes. Sales of SteelArt products in 2020 increased by more than 25% compared to the same indicator in 2019.
In addition, in 2020, MMK-LMZ switched to direct contracts with consumers of its products, which had a positive effect on the company's financial and economic performance.
The high quality of MMK-LMZ products, prompt production and delivery times, and the flexibility of transport logistics allowed the company to expand its client base in 2020. New Russian clients of MMK-LMZ are geographically located in the Volga region and Siberia, the Urals, the North Caucasus and the Far East. The company also successfully develops the markets of near and far abroad. So in 2020, the market entered the markets of Uzbekistan and Kyrgyzstan, the first shipments were made to Estonia and Finland. In addition, the demand for the company's products in Kazakhstan remained stably high last year.
MMK-Lysva Metallurgical Plant is the only Russian manufacturer of electrolytically galvanized steel and rolled products with polymer coatings based on it for the automotive industry , the construction industry and the general engineering industry.