Tag: METAL-EXPO 2014

TMK, MMK agree on price formula for rolled sheet

TMK signed an agreement with Magnitogorsk Iron & Steel Works (MMK) at the METAL-EXPO 2014, an international industrial exhibition held in Moscow, for the pricing formula to be used for calculating the pricing of wide hot-rolled sheets shipped to TMK enterprises.MMK is expected to ship wide hot-rolled sheets to TMK's Volzhsky Pipe Plant, which would use them to produce large diameter pipes (LDP) intended for major Russian gas pipeline projects by Gazprom, including Power of Siberia, South Stream and Bovanenkovo–Ukhta.