MMK Group Maintains Steel Production in H1 2026, Sales Increase
Hızlı Bakış
- MMK Group reported stable steel production at 5.19 million metric tons in H1 2026, matching H1 2025 levels.
- Pig iron production rose by 2% to 4.6 million tons, and steel product sales increased by 2.1% to 5.02 million tons, driven by semi-finished, long steel, and premium products.
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MMK Group, a major Russian ferrous metallurgy company, released its production and sales figures for the first half of 2026, showing stable steel output and increased sales of steel products.
MOSCOW, July 23. /TASS/. MMK Group kept its steel production in the first half of 2026 at the same level as in the first six months of 2025, at 5.19 mln metric tons. Pig iron production increased by 2% to 4.6 million mln tons, the company said.
Sales of steel products rose by 2.1% year-on-year to 5.02 mln metric tons, primarily reflecting higher sales of semi-finished products, long steel products, and premium products, while sales of hot-rolled steel declined.
Steel production in the Q2 increased by 12.2% compared with the Q1, reaching 2.75 mln metric tons. Pig iron production declined by 4.8% quarter-on-quarter to 2.27 mln metric tons due to major overhauls at blast furnace facilities. Sales of steel products increased by 23.5% compared with the Q1 of 2026, reaching 2.77 mln metric tons.
MMK is one of the world's largest steel producers and holds a leading position among Russia's ferrous metallurgy companies, manufacturing a broad range of steel products with a predominant share of high-value-added products for all major metal-consuming sectors of Russian industry.
Açık Sorular
- What caused the decline in hot-rolled steel sales?
- What was the specific impact of blast furnace overhauls on pig iron production?
- What are the company's projections for the second half of 2026?
