Press Center

  MMK Trading House (MMK TD) plans to sell more than 250 thousand tons of metals products in Kazakhstan in 2018, Vadim Tishchenko, Director of the MMK-Kazakhstan Trading House, told the Metal Markets of Central Asia 2018 international conference, which opened in Almaty on September 13.

Magnitogorsk Iron and Steel Works will take part in the Expert Group for the Development in Russia of Standards for the Implementation of Technology and Innovation. A unified methodology will increase demand for Russian technology and help boost Russian companies’ competitiveness.

 The reconstruction of the hot rolling mill 2500 in sheet rolling shop No. 4 (LPC-4) at Magnitogorsk Iron and Steel Works continues.

Magnitogorsk Iron and Steel Works’ (MMK) hot-rolling mill 2000 produced 527,955 tonnes of rolled metal in July 2018, a new monthly record for this unit.

ОJSC MMK-METIZ has successfully passed an inspection of the company’s compliance with the requirements of three international standards. Two of these standards regulate quality management, whilst the third covers ecological management.

The construction of a separating dam at Magnitogorsk Reservoir, part of rebuilding processes of Magnitogorsk Iron and Steel Works’ (MMK) circulating water supply system, is entering its final stages. The project, at a cost of approximately RUB 660 million, will significantly reduce the environmental burden on the reservoir.

The first stage of the modernisation of the sandwich-panel production line was completed at the MMK Trading House production site in Shelkovo (the Moscow Region).

At Magnitogorsk Iron and Steel Works (MMK), the total economic impact of the introduction of innovative proposals amounted to RUB 269 mln in the first half of 2018.

  Magnitogorsk Iron and Steel Works (MMK) has delivered a trial batch of metal products to Turkey along a railway route connecting Magnitogorsk, Baku, Tbilisi, and Kars. MMK together with Azerbaijani operator ADY Express are currently developing the ability to deliver up to 250,000 tonnes of metal per year, or approximately a third of MMK Metalurji’s demand in hot-rolled coil.

MMK (LSE: MMK) announces its consolidated financial statements under IFRS for Q2 2018.