Russia: MMK recognized as best producer of coated steel

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…

Russia: MMK starts constructing sinter factory

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…

Russia: MMK starts modernizing section rolling mills

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…

Russia: MMK modernizing bar rolling mill

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…

Russia: international audit confirms MMK’s environmental management quality

Magnitogorsk Iron and Steel Works (MMK) has received a successful supervisory audit of its environmental management system by meeting the requirements of a new version of the international standard ISO 14001. Following the assessment, specialists representing the authoritative international certification body TÜV Nord Cert (Germany) confirmed that the system entirely met the requirements of the…

Russia: MMK recognized as leader in the National Ratings for Procurement Transparency

Magnitogorsk Iron and Steel Works (MMK) occupies the highest position among steel producers in the National Ratings of Procurement Transparency in 2017 in the “Private commercial buyers” category. The awards ceremony for the highest rated organizations took place at Russian Chamber of Commerce and Industry in Moscow. Among the participants were representatives from state, regional,…