MMK halts smelting, hot rolling at Turkish plant for 90 days

摘要

Magnitogorsk Iron & Steel Works (MMK) has put the electric arc furnace and hot rolling facilities at its MMK Metalurji plant in Turkey on halt for a period of 90 days, MMK said in a statement. "This measure will allow the company to increase economic efficiency of the plant and help achieve positive profitability of MMK's Turkish project," MMK said.