Russian steelmaker MMK Group is on high alert and is taking active measures to prevent the spread and reduce the risk of the coronavirus infection, also known as COVID-19.

All foreign business trips for employees have been suspended while trips within Russian are being restricted.

MMK is recommending that employees who have visited countries where there are active cases of the virus should undergo a 14-day home quarantine with the option of working remotely.

The company has introduced a restriction on business partner delegations visiting the company. Meetings, negotiations and work trips have been replaced by remote means of communication where possible.

There are also plans to decrease production volumes and undertake equipment repairs.

On the supply side of the business, MMK reports no difficulties with raw materials or supplies of equipment and spare parts. All raw materials are taken under special control and tracked in terms of their consumption in production and inventory.

MMK continues to implement it’s investment programme in accordance with its development strategy.

The situation, claims the company, is being monitored closely and is fully prepared to take measures designed to minimise risk to staff and the business as a whole.