04 June ‘19

MMK introduces mining companies to MAGSTRONG steel

MMK is presenting a line of high-strength and wear-resistant steel manufactured under the MAGSTRONG brand at the exhibition. This type of steel is used to produce and repair construction, quarry and other speciality machinery, it is also used in loaded steel constructions, in the manufacture of the equipment for processing rocks, shaft sinking and other types of high-tech products.

MAGSTRONG steel has already allowed a large number of Russian mining holdings and companies specialising in the extraction of coal, copper, gold, potassium salts and phosphates, to completely replace imported analogues. The use of MAGSTRONG steel can significantly reduce the weight of products and provides a significant financial benefit. The MAGSTRONG steel is being actively used by large engineering companies for mineral processing, mining, road building and producing other equipment.

About MMK
MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel-producing unit encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2018, the company produced 12.7 mln tonnes of crude steel and 11.7 mln tonnes of commercial steel products. MMK Group had sales in 2018 of USD 8,214 mln and EBITDA of USD 2,418 mln.

Investor contacts:
Andrey Serov
tel.: +7 (3519) 24-52-97
E-mail: serov.ae@mmk.ru

Media contacts:
Dmitry Kuchumov
tel.: +7 (499) 238-26-13
E-mail: kuchumov.do@mmk.ru

Dmitry Bulin
tel.: +7 (499) 238-26-13
E-mail: bulin.dn@mmk.ru

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