Magnitogorsk Iron & Steel Works (MMK) keeps working on its investment project in Saint Petersburg: the building of a maintenance metal goods center will have been completed by the end of the year, while the delivery and assembling of all the necessary equipment has been scheduled for the beginning of 2009, the company’s PR Department reports.

Four major bits of machinery are to be supplied by FIMI, the Italian firm: three crosscutting units, one of them fitted with the flattening and multi-tasking processing options, and a longitudinal cutting unit. This equipment will enable the workers to process a wide range of metal goods, including hot- and cold-rolled metal as well as hot dipped galvanized products and goods with polymeric coatings.

In fact, MMK has already acquired machinery from FIMI before and is now employing their crosscutting unit at sheet-rolling shop No.4, their flying shears at sheet-rolling shop No.7, and a metal-cutting unit at sheet-rolling shop No.5.

In addition to this, a blanking line by Schuler, the German firm, will be installed at the new maintenance metal goods center. A portion of the equipment will probably be launched next summer, whereas the enterprise has already signed agreements related to manufacturing of car parts using the new stamping lines with the Japanese Itochu and Sumitomo.

The center’s produce is to be used by car factories like Ford, Toyota, General Motors Company, and Nissan.