MMK COMPLETED FIRST PHASE OF EQUIPING MILL 2000

The roll test has been accomplished at the input section of the continuous pickling unit (CPU) of the Mill 2000. The low- and high-pressure and the emulsion systems have been tested. Pre-commissioning activities at the CPU’s middle- and tail ends are continuing. The mill’s first stage launch has been scheduled for July 2011. Its capacity will reach 2 mln tons per year. The mill will supply its products to carmakers, home appliance manufacturers and construction sector.

About MMK

MMK is among the world's largest steel producers and is one of the leaders of Russia's steel industry. The company's operations in Russia include a large steel producing complex encompassing the entire production chain, from preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of higher value added products. In 2010 MMK Group produced 11.4 mln tons of crude steel and 10.4 mln tons of commercial steel products.

MMK Communications Department:

Kirill Golubkov tel.: +7 916 675 3081

E-mail:kgolubkov@mmk.ru

Elena Evstigneeva tel.: +7 985 763 4443

E-mail:evstigneevaed@mmk.ru

Alexander Proskurov tel.: +7 3519 246303

E-mail: proskurov@mmk.ru