Russia: MMK commissions new air separator

MMK has assembled a new air-separation machine valued at 4.2 billion rubles in the oxygen shop No. 5. The machine can produce 35 thousand cubic meters of industrial oxygen and 30 thousand cubic meters of pure nitrogen, as well as some 1 thousand cubic meters of argon. The new machine will be able to save…

Russia: MMK industrial park adds major European investor as resident

PJSC Magnitogorsk Iron and Steel Works (MMK), the Chelyabinsk Region’s Investment Development Agency, together with Rusfoundryconsult and SEEIF Ceramic, a.s. (Czech Republic) have signed a cooperation agreement at the international industrial exhibition Innoprom 2018 in Yekaterinburg. The agreement was signed by CEO of MMK Pavel Shilyaev, Director of the Chelyabinsk Region’s Investment Development Agency, Alexey…

Russia: MMK sales down in June 2018

In June MMK sold 768 thousand tons of metal via railroad, down by 13.8% YoY. In Q2 sales decreased on average by 16.7% a month. In January-June MMK sold 5.21 million tons of metal via railroad, up by 0.1% YoY. Sales to domestic customers increased by 11.5%, to 3.41 million tons, while exports dropped by…

Russia: MMK steel smelting complex turns 85

On July 8, 1933 the first open-hearth furnace of MMK produced its first steel. This was the beginning of the steel smelting complex at the company. By the late 1980s MMK operated three open-hearth shops, which comprised 35 furnaces. Steel output reached 16 million tons. In 1990 the company commissioned the oxygen-converter shop. Now the…

Russia: MMK’s environmental efforts and resource management recognized by industry competition

Magnitogorsk Iron and Steel Works (MMK) won the XV industry competition titled “Metal and Mining Enterprises with Highly Effective CSR”. The competition participants were 61 metal and mining enterprises. For the second year in a row, MMK is amongst the winners in the category “Environmental Protection and Resource Management”. MMK’s investments in environment protection last…