15 June ‘11

Magnitogorsk Iron and Steel Works’ hot-rolled galvanized steel accepted by Renault

As a result, MMK has received the French carmaker’s approval that allows the steelmaker to ship its hot-rolled galvanized steel designed for inner parts of Renault automobiles. Approval of the MMK technologies is yet another benchmark in the process of steel acceptation by the company’s potential customers.

In the past few years MMK has been successfully implementing its rolled steel products acceptation program that targets Russian and international carmakers. This program includes getting approvals for MMK technologies and products from leading international carmakers and home appliances manufacturers.

Production of corresponding steel types is monitored by the MMK Central Control Laboratory. At the moment MMK is rolling test lots of steel for such companies as LG Corp and Ford Motor Company. In the meantime, selection of additional samples is underway in order to send selected samples for approval by international automakers (including General Motors, Volkswagen and Matador) and home appliances companies (such as Samsung, Bosch, Bosch und Siemens, etc.).

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. MMK realizes MMK-Atakas project in Turkey with annual capacity of 2.3 mln tons of flat steel. 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

Elena Evstigneeva
tel.: +7 (985) 763 4443

Alexander Proskurov
tel.: +7 3519 246303

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