Russia: MMK presents capabilities during Metal-Expo

Magnitogorsk Iron & Steel Works (MMK) participated in Metal-Expo’2018, the 24th International Industrial Exhibition, in Moscow. Traditionally, MMK’s stand was one of the biggest and the most impressive at the forum. Its visitors were able to explore a wide range of products and technological capabilities from both MMK plant itself and MMK Group’s companies. Among…

Russia: scrap deliveries to MMK down in October 2018

In October direct scrap deliveries to MMK totaled 283.5 thousand tons, down by 12.9% YoY.

According to the railroad statistics, in 10 months deliveries reached 1.65 million tons, up by 0.3% YoY.

Since 2012 the company has been a leader in scrap purchases via railroad. (Ukrainian metal)

Russia: MMK management systems’ effectiveness confirmed by audit

Magnitogorsk Iron and Steel Works (MMK) Group has successfully passed the external supervisory audit of its quality management systems (QMS), environmental management systems (EMS) and industrial and labor safety management systems (ILSMS) for compliance with the requirements of international standards ISO 9001, IATF 16949, ISO 14001 and OHSAS 18001. The audit conducted by external auditors…

Russia: MMK to modernize coke manufacture

MMK and Sinosteel Equipment & Engineering Co have signed a memorandum of intention and cooperation in the project to reconstruct the MMK coke manufacture. The parties have agreed to conclude agreements for the construction of objects under the project. The project presupposes the construction of the coke-oven battery No. 12, reconstruction of the recovery plant,…

Russia: MMK open for industrial tourism

Magnitogorsk Iron and Steel Works (MMK) has launched a project, which allows guests to visit the company’s production site. Several sightseeing tours are now readily available to tourists. “Taming the Fire” – this tour includes a visit to Russia’s largest blast furnace plant and the unique complex of Mill 5000 whose products are used to…

Russia: scrap deliveries to MMK up in January-September 2018

In September direct railroad deliveries of ferrous scrap to MMK grew by 11% YoY, to 258.7 thousand tons.

According to the railroad statistics, in 9 months deliveries totaled 1.36 million tons, up by 3.6%.

Since 2012 MMK has been the leader in scrap purchases via railroad. (Ukrainian metal)

Russia: MMK EGM approves dividends for Q2 2018

PJSC Magnitogorsk Iron and Steel Works announced that an Extraordinary General Meeting of shareholders was held on September 28 with absentee voting. Shareholders approved by majority vote a dividend on MMK’s issued ordinary registered shares of 1.589 rubles (including tax) per share for the second quarter of 2018. The dividend will be paid in cash…

Russia: MMK implements series of water protection projects

Magnitogorsk Iron and Steel Works (MMK) Group has been implementing a series of water protection initiatives aimed at decreasing the ecological impact on water facilities. The company’s short-term plans include completely eliminating the disposal of wastewater into Magnitogorsk Reservoir. To this end, MMK is completing a key stage in the reconstruction of the circulating water…

Russia: MMK develops first program-controlled RPA robot

Magnitogorsk Iron and Steel Works (MMK) Group has developed its first program-controlled robot capable of executing the functions of an employee working on a computer. The robot was created by MMK Infoservice’s (a part of MMK Group) Center for RPA and Innovation based on innovative RPA (Robotic Process Automation) technology. The robot, which has already…

Russia: MMK to help develop standards for technology and innovation

Magnitogorsk Iron and Steel Works will take part in the Expert Group for the Development in Russia of Standards for the Implementation of Technology and Innovation. A unified methodology will increase demand for Russian technology and help boost Russian companies’ competitiveness. The standards will constitute recommendations on working with external innovations, along with other measures…

Russia: MMK metal sales up in August 2018

In August MMK shipped 994.2 thousand tons of metal via railroad, up by 9.2% YoY.

In January-August, according to railroad statistics, sales grew by 1.1% YoY, to 7.2 million tons.

Russian customers received 4.68 million tons of metal, up by 8.5%, while exports dropped by 10.5%, to 2.48 million tons. (Ukrainian metal)

Russia: MMK reconstructing mill-2500

MMK is reconstructing its hot-rolling mill-2500 in the sheet-rolling shop No. 4.

The project will increase the size and grade portfolio of the mill and improve the quality.

The capacity will grow from 4 to 5 million tons of metal per year. (Ukrainian metal)

Russia: MMK to supply metal for the high-speed railway construction

MMK has joined the participants of the Chelyabinsk – Yekaterinburg High-Speed Railroad project.

The contribution of the company is 10 million rubles.

MMK will cover the needs of the project in metal. (Ukrainian metal)