Russian steelmaker MMK Group has announced that its group company Mekhanoremontny Kompleks

High-tech boosts upgrades in energy, manufacturing, transport, retail sectors.

Goal is sustainable and high-quality development despite challenges.

Finished Import Market Share YTD at 23%.

Down 3.9 Percent YTD in 2024 from Same Period in 2023.

AISI: US Raw Steel Production in the Week ending on August 3, 2024.

Meanwhile, crude oil production declined by 2.6 percent, and petroleum refinery production fell by 1.5 percent.

The steel industry's pace of green transformation has accelerated significantly, and intelligent manufacturing has been upgraded, he said.