MMK’s most productive mill continues to beat records
Magnitogorsk Iron and Steel Works’ (MMK) hot-rolling mill 2000 produced 527,955 tonnes of rolled metal in July 2018, a new monthly record for this unit.
The previous record of monthly output of hot-rolled steel was achieved by MMK’s most productive rolling unit quite recently: in May the mill produced 527,505 tonnes of product.
The unit, commissioned in 1994, is one of the most powerful in Russia. It is located within MMK’s sheet rolling shop No. 10 (LPTS-10). In the middle of the 2000s, the mill was reconstructed. As part of the modernisation programme, a fourth heating furnace was built and the mechanical equipment of the mill was renewed, allowing the production of a thicker range and the improvement of the mechanical properties of the products. The productivity of the unit has also increased, reaching 6 million tonnes per year. In recent years, the mill has been working at maximum capacity. In 2015, the unit crossed the production threshold of 100 million tonnes of hot-rolled products.
All currently existing steel grades can be produced by the mill’s equipment. The width of the produced sheet varies from 760 to 1,830 millimetres. The range of products manufactured by the unit is the broadest at the Magnitogorsk Iron and Steel Works, numbering approximately a thousand items. The variety of ways in which the mill's products can be applied is also diverse: including pipe production, construction industry, engineering. The mill produces naval and structural types of steel, as well as rolling steel, from which automotive sheets are subsequently manufactured.
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 2017, the company produced 12.9 million tonnes of crude steel and 11.6 million tonnes of commercial steel products. MMK Group had sales in 2017 of USD 7,546 million and EBITDA of USD 2,032 million.
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