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MMK-METIZ 2011 First Half Turnover of 7.88 Trillion Rubles
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2011-12-30

MMK-METIZ, Russia's metal manufacturing company released the first half of 2011 production report recently. The report showed its output reached 2.366 million tons, representing an increase of 30,000 tons, a growth rate of 15.8% over the same period last year; the turnover amounted to 7.88 trillion rubles, a 30.1% increase over the same period last year.

MMK-METIZ’s substantial turnover growth in the first half of 2011 mainly generates from the revenues of the following products: metal cable (30% of the total revenues), part fixture (14%), metal material / rolled (15%). In addition, the statistics of the Russian Metal Association indicated that the production value of MMK-METIZ in the second quarter of 2011 accounted for 20% of the total value of the Russian metal market. It can be called as the leader of the Russian metal industry.
 

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Reference from Metiz