In 2017 MMK increased steel output by 2.5% YoY, to 12.86 million tons. According to the group statement, pig iron manufacture grew by 5.3%, to 10.163 million tons, and rolled metal – by 0.1%, to 11.331 million tons. Sales to Russia and CIS increased by 3.6%, to 8.528 million tons, at the same time exports…
A delegation of specialists from Magnitogorsk Iron and Steel Works (MMK) headed by the company’s CEO Pavel Shilyaev made a working visit to the Lysva Iron and Steel Works in the Perm region. During the visit Pavel Shilyaev met with the governor of the Perm region Maxim Reshetnikov. He presented to the head of the…
Magnitogorsk Iron and Steel Works (MMK) achieved the first place among Russian producers of galvanized and coated rolled metal following research carried out by the industry’s authoritative publication Metal Supply and Sales. The ranking of leading producers and suppliers of ferrous and non-ferrous metal products is compiled by the magazine regularly. In the latest issue…
Trading house MMK LLC has opened its first subsidiary on the Far East – in the city of Vladivostok. The company warehouse is situated in the town of Artem. It has all the necessary crane machinery and can store up to 20 thousand tons of metal. The site offers all the MMK metal products: hot-…
Magnitogorsk Iron and Steel Works is reconstructing its oldest blast furnace No. 1, commissioned in 1932. The project presupposes the reconstruction of the foundry yards of the BF1, the capacity of which is 1.25 million tons of pig iron per year, and the volume – 1370 cubic meters. (Ukrainian metal)
Magnitogorsk Iron and Steel Works is finishing the preparatory works at the new sinter factory construction site: the builders are making foundation and assembling metal structures. In March they intend to start assembling the main machinery. Investments will total around 22 billion rubles. Construction started in December 2016. The first object of construction was the…
Magnitogorsk Iron and Steel Works (MMK) has signed an investment contract with Italian company Danieli & Officine Meccaniche S.p.A. to modernize MMK’s rolled section workshop’s double-strand mill No. 170. The value of the contract for the supply of technical documentation, equipment, installation supervision services, and operational training amounts to EUR 5.5 million. The project is…
Magnitogorsk Iron and Steel Works has concluded an investment contract with Danieli & Officine Meccaniche S.p.A. on the modernization of the 170 two-thread mill in the bar shop. The price of the contract is 5.5 million euros. The project is expected to be concluded in 2019. The project presupposes the modernization of the cooling rolling…
