MMK recognised in Top 10 environmental rating in Russia for the 2nd time in a row

The rankings, compiled by the Modern Media Research Institute and Live Planet TV, include environmental initiatives by 33 Russian metal and energy companies covered in the media in January-June 2017. MMK took 10th place in the ratings, thereby confirming the result from H2 2016 and making MMK the only ferrous metal company among the top ten.

Among the MMK environmental initiatives recognised by the rankings as most notable were the reconstruction of the sulphur collection unit no.2 in the sintering plant, the reconstruction of the circulating water supply system and hosting a research conference titled “Problems of Ensuring the Environmental Safety of Enterprises in the Mining and Metallurgical Complex and Single-Industry cities” at MMK.

Constant reduction and prevention of harmful effects on the environment, as well as introducing the best available technologies, are crucial elements of MMK's strategy in order to ensure the long-term sustainable development of the company. MMK plans to invest more than RUB 35 billion into the realisation of the group’s environmental policy by 2025. The key priority of the environmental activities is to reduce pollution levels. MMK has developed a strategic initiative called ‘Clean City’, the goal of which is to achieve a low level of atmospheric pollution in Magnitogorsk by 2025.

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 complex 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 2016, the company produced 12.5 million tonnes of crude steel and 11.6 million tonnes of commercial steel products. MMK Group had sales in 2016 of USD 5,630 million and EBITDA of USD 1,956 million.

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