PJSC Magnitogorsk Iron and Steel Works (MMK) is taking part in the 9th International Industrial Exhibition Innoprom 2018 in the city of Yekaterinburg. The main theme of the event is digital technologies, therefore MMK has an important role to play in the exhibition as the leader in information technologies in the domestic iron and steel…
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…
Magnitogorsk Iron and Steel Works (MMK) is expanding its innovative cooperation with Oracle, having chosen the corporation as its strategic partner for the next five years in the implementation of the concept “Industry 4.0”. The optimization and unification of MMK’s business processes on the basis of a unified Corporate Information System (CIS) will facilitate the…
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…
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…
The Central Electric Power Plant of MMK has received a new steam turbine, which will replace the existing one and provide for the increase of the plant energy efficiency. Soon the company specialists will start assembling it. The machine has been produced by Ural Turbine Works. Its service life is 40 years. The engine for…
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…