MMK investments in environment protection measures this year will reach 5.5 billion rubles, up by 40% YoY. According to the company chief specialist of the environment protection laboratory Maxim Yurchenko, since 2004 the environment management system has been running at MMK, which in 2016 was certified to confirm to ISO 14001. Last year the company…
The AvtoVAZ delegation headed by the company president Yves Caracatzanis has visited MMK. The parties discussed cooperation issues and prospects of creating new steel grades for car industry. This is the first Yves Caracatzanis’ visit to MMK since his appointment in early June. AvtoVAZ is one of MMK’s largest partners – last year the company…
PJSC Magnitogorsk Iron and Steel Works Extraordinary General Meeting of shareholders was held on June 13 with absentee voting. Shareholders approved by majority vote a dividend on MMK’s issued ordinary registered shares of 0.801 rubles (including tax) per share for the first quarter of 2018. The dividend will be paid in cash by bank transfer…
In May MMK decreased railroad transportation of rolled metal by 11.6% YoY and by 3.4% MoM, to 829 thousand tons. In January-May railroad shipping of metal from MMK increased by 3% YoY, to 4.44 million tons, the highest result in the past 4 years. Deliveries to domestic customers grew by 13%, to 2.85 million tons,…
In May the most efficient rolling mill at MMK – the 2000 hot-rolling mill – set a record of monthly output – 527.5 thousand tons. This is the maximum monthly output since the mill’s commissioning in 1994. The previous record was set on January 2015 – 526.2 thousand tons. The 2000-mill is one of the…
In 2017 Trading House MMK sold 1.2 million tons of metal valued at over 46 billion rubles. The share of the end customers reached 65%. TH MMK, an official seller of MMK products, has 30 divisions in Russia and 5 in Kazakhstan. Its strategic regions are the Urals, Povolzhye and Siberia. (Ukrainian metal)
Magnitogorsk Iron and Steel Works (MMK) has published a video titled “MMK – Caring About the Future” describing its environmental efforts. The six-minute video presents the results of MMK’s environmental activities in the past few years in a clear and simple way, and outlines the company’s mid-term environmental plans. The video summarizes an enormous amount…
Russia marked Environment Day on June 5 – an important date for Magnitogorsk Iron and Steel Works (MMK), as the company annually invests billions of rubles in environmental activities. Employees of MMK’s environmental laboratory, created three decades ago, celebrated their professional holiday. Ongoing reduction of the plant’s environmental impact and adoption of the best available…