Magnitogorsk Iron and Steel Works’ (MMK) hot-rolled products Mill 2000 achieved its maximum annual production rate in 2018, for the second time since its launch, breaking the 6 million ton mark for production of hot-rolled products. The previous record was set at the end of 2016, when the annual output of the mill reached 5.948…
The capacity of Russia’s Magnitogorsk Iron and Steel Works (MMK) decreased after a fire on a coal stoker on January 27, an official of the Emergency Situations Ministry reported. “We received a report of a fire on a coal stoker at 9:00 a.m. local time. The technological process was not disrupted, but the productive capacity…
The steel output of Magnitogorsk Iron and Steel Works (MMK) fell by 7.8% QoQ, to 3.112 million tons in October-December 2018, the company said in a statement. Cast iron output decreased by 2.4%, to 2.558 million tons. In 2018, the company’s steel output went down by 1.5%, to 12.664 million tons, and cast iron output…
In 2018 MMK sold 1.269 million tons of galvanized rolled metal. This is the highest result for the company, which exceeds the previous result, set in 2017, by 11.9% (1.134 million tons). MMK has been increasing galvanized metal sales for the past 15 years. (Ukrainian metal)
The Chairman of the Board of Directors of PJSC Magnitogorsk Iron and Steel Works (MMK) Victor Rashnikov made a statement in connection with the decision of the president of the Russian Federation Vladimir Putin regarding relocating residents of the building affected by the tragedy in Magnitogorsk. “In the first hours after the terrible tragedy that…
Magnitogorsk Iron and Steel Works (MMK) took the first place among Russian producers of flat products, as well galvanized and coated steel, in the rating of leading manufacturers and suppliers of ferrous and non-ferrous metallurgy in the second half of 2018 MMK once again took the first place among the Russian producers of flat products,…
On the night of December 31, 2018, a part of a ten-storey apartment building in Magnitogorsk collapsed following a gas explosion. The explosion and subsequent collapse claimed the lives of 39 people. Employees of Magnitogorsk Iron and Steel Works (MMK) and the MMK Group were involved from the beginning of the rescue effort. MMK deployed…
On January 4-11, nearly 65 million rubles of MMK funds were transferred to the personal bank accounts of victims and relatives of those victims affected by the residential building collapse in Magnitogorsk. The charity fund Metallurg, which distributes MMK’s targeted assistance funds, reported that as of January 11, 162 people who had been affected in…
