MMK Sold 7.4 Million Tonnes of Steel in Russia in 2020

Despite the difficulties associated with the COVID-19 coronavirus pandemic, PJSC MMK sold 7.43 million tonnes of metal products in the Russian market
MMK Sold 7.4 Million Tonnes of Steel in Russia in 2020
MMK RussiaFinancial Tribune

Despite the difficulties associated with the COVID-19 coronavirus pandemic, PJSC MMK sold 7.43 million tonnes of metal products in the Russian market last year, of which about 30% or 2.39 million tonnes fell on sales to metal trading companies. About half of this volume of production was distributed to the warehouses of metal trading companies located in the market of the Urals, the Volga region, Siberia and the Far East. The most popular products were hot rolled steel and steel grades, which accounted for more than 60% of sales, 34% and 29% respectively.

About 40% of MMK's total sales to the metal trading industry and metal service centers are sold through its own sales network OOO MMK Trading House, which is an authorized representative of the plant in all regions of Russia and in the Republic of Kazakhstan. At present, TH MMK has 32 separate subdivisions in Russia, which makes it possible to provide sales to all leading industrial centers, as well as five subdivisions in the Republic of Kazakhstan.

In 2020, TH MMK showed shipment dynamics similar to the general trends in the market, a decline in the second quarter and an increase in the second half of the year. In general, the increase in sales in relation to 2019 amounted to 11%, the same amount was an increase in the average order size, while the growth in shipments to the construction industry enterprises due to government support measures amounted to 17%, and sales to transport engineering enterprises showed an 18% growth.

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