News, page 3
Magnitogorsk Iron and Steel Works (MMK) plans to issue digital financial assets (DFAs) worth RUB 500 million for a term of 12 months and with a fixed monthly yield of 18.85% per annum. The decision was published on Sber’s digital assets platform on 1 July 2024.
Magnitogorsk Iron and Steel Works (MMK) celebrated the 60th anniversary of the launch of its largest blast furnace, No. 9, which produced its first cast iron on 29 June 1964. At that time, it was the largest blast furnace not only in the Soviet Union but in all of Europe.
Magnitogorsk Iron and Steel Works (MMK) has begun operating a new project management system called Evolution, a digital product based on the Visary Project platform that enables the Company to manage an unlimited number of projects, programmes and portfolios at the same time.
Magnitogorsk Iron and Steel Works (MMK) was named the winner of an Ecotech Leader 2024 national award for environmental technologies for its construction of environmental facilities and its reduction of harmful atmospheric emissions. The award ceremony took place on 19 June in Moscow.