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Article: Hyundai certifies MMK steel.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- April 1, 2009
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Hyundai certifies MMK steel
MOSCOW. April 1 (Interfax) - Magnitogorsk Iron & Steel Works (MMK) (RTS: MAGN) has been certified to supply steel to Hyundai, the Russian steel major said.
MMK said it was also close to being certified by Volkswagen AG and in the process of having its metal certified by General Motors, PSA Peugeot-Citroen, Nissan and automobile component manufacturers like Benteler Automobiltechnik GmbH and Valeo.
Hyundai Kia Motor Co started to build an assembly plant near St Petersburg in June last year but has since said it is delaying the construction of ...