09.02.2011 New MMK Plate Mill’s Order Book Full
The order book of the 5,000 mm Plate Mill at the Magnitogorsk Iron & Steel Works (MMK) is 100% full, MMK reported today. In January 2011, the Plate Mill produced 127,000 tons compared to 112,000 tons in December 2010. The mill's full capacity is estimated at 1.5 million tons per year.
27.01.2011 MMK Operational Trading Update for Q4 and 12 months 2010
Vice-president for finance and economy Oleg Fedonin said: “ММК has retained the leading position in Russia in terms of rolled steel output. We estimate our share in the domestic rolled steel production in 2010 at 17%. The overall growth of MMK finished steel output in 2010 amounted to 17% compared to 2009, while domestic sales growth amounted to 44% exceeding the consumption growth rate in Russia…”
20.01.2011 MMK receives approval for Joint Implementation project within the framework of the Kyoto protocol
The Russian Ministry of Economic Development has approved the Joint Implementation project “Implementation of arc-furnace steelmaking at Magnitogorsk Iron and Steel Works”. The project has been implemented in accordance with the rules of the Kyoto Protocol to the United Nations Framework Convention on Climate Change.
18.01.2011 MMK launched production of new class of high-strength super-low-carbon microalloyed hot-galvanized steel grades designed for a wide range of industries
The Metal Expo 2010 award-winning class of steel was jointly developed by MMK and Central Scientific Research Institute of Ferrous Metallurgy. The new steel products are characterized by high strength and plasticity and yield points higher than 210 MPa (up to 1200 MPa).
28.12.2010 Magnitogorsk Iron and Steel Works Boosts Iron Ore Production
By end 2010, Magnitogorsk Iron and Steel Works, OJSC (MMK) will have produced over 2.2 million tons of finished ore
22.12.2010 MMK galvanized products meet Ford standards
Magnitogorsk Iron and Steel Works (MMK) ensured conformity of its galvanized rolled products with requirements of Ford Motor Company
21.12.2010 Magnitogorsk Iron and Steel Works (MMK) Mill 5000 produced one million tons of hot rolled products since the beginning of 2010
Mill 5000, a unique hot rolling unit produced one million tons of hot rolled plates since the beginning of 2010. From January to November 2010, the mill manufactured 1.048 mln tons of hot rolled products including 117,900 tons of November output.
14.12.2010 Magnitogorsk Iron & Steel Works, OJSC Looks to Increase Profitability and Productivity by Improving the Sales and Operations Planning Process
MOSCOW – December 14, 2010 -- Magnitogorsk Iron & Steel Works, OJSC, (MMK) and GMCS announced today the start of a project designed to create a sales and operations planning system using Supply Chain Planner from JDA Software Group, Inc., The Supply Chain Company. The innovation delivered through this new MMK project will help improve sales and profit, optimize product mix considering existing and perspective logistics and production opportunities.