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... possibility of industrial use of the cloud services Oracle Cloud. In the course of the project’s implementation, MMK will update its corporate information system to the latest version of Oracle E-Business Suite R12 and expand the ERP system to other companies of the Group, which will almost double the coverage of employees working in a single information field. The large-scale modernisation programme will enable the completion of the ‘Industry 4.0’ tasks via the integration of all the company’s ...

... manufacture and repair of construction, quarrying and other special machinery, loaded steel structures, rock processing and shaft sinking equipment and other types of high-tech products. These steels have already enabled many major Russian mining holdings and companies specialising in coal, copper, gold, potash and phosphate mining to fully replace their imported counterparts. The use of MAGSTRONG steels makes it possible to significantly reduce the weight of products and provides significant economic benefits....

... polymer Steel Art, produced by Print technology, has recently been highly rated by the jury of the Priority 2018national award in the field of import substitution, which recognised MMK as the leader in the Metallurgy category. In addition, two more companies from MMK Group were included in the rating by Metal Supply and Sales magazine for the second half of 2018. Magnitogorsk Metalware and Calibration Plant MMK-Metiz entered the top three manufacturers of metalware products, and MMK Trading House ...

  Magnitogorsk Iron and Steel Works (MMK) has published a video titled “MMK – Caring About the Future” describing its environmental efforts. The six-minute video presents the results of MMK’s environmental activities in the past few years in a clear and simple way, and outlines the Company’s mid-term environmental plans. The video summarises an enormous amount of data using infographics. It also contains information on MMK’s numerous activities to combat air and water pollution, as well as in...

In the first half of 2021, Magnitogorsk Iron and Steel Works (MMK) donated RUB 1,286 million to charities and towards the implementation of social programmes. MMK has been considered a socially orientated company for a long time. MMK’s management views socially orientated projects as a long-term investment in the Company’s sustainable development. Moreover, by investing in social welfare, MMK creates a sound basis for further development of Magnitogorsk and the entire Ural region. Guided by these...

PJSC Magnitogorsk Iron & Steel Works' ("MMK", or "the Company") (MICEX-RTS: MAGN; LSE: MMK), one of the world’s largest steel producers, announces that Standard & Poor’s Global Ratings has revised MMK outlook from positive to stable and affirmed the rating at 'BBB-'. The outlook revision reflects uncertainties about near-term economic prospects, demand/supply and pricing for steel and raw materials, potential protection measures, and supply chain disruptions in the international...

... production processes. These efforts saved MMK hundreds of millions of roubles in 2023. The Company’s energy management system (EMS) is one of its most effective tools when it comes to reducing energy consumption. In 2023, MMK became one of the first companies in Russia to certify its EMS according to the latest version of the national standard. Following an audit, the certification body, Rostekhsert, reported that MMK’s EMS is an effective system that is fully compliant with the requirements of ...

ОJSC MMK-METIZ has successfully passed an inspection of the company’s compliance with the requirements of three international standards. Two of these standards regulate quality management, whilst the third covers ecological management. The standards in question are the IATF 16949:2016 standard (quality management system for organisations in the automotive industry and organisations, producing the corresponding service parts), ISO 9001:2015 (quality management system) and ISO 14001: 2015 (environmental...

... performance, the Company uses a metric that measures the percentage of deliveries made on time in full (OTIF). At 85%, MMK’s OTIF score is the highest among Russian steelmakers. The system has already been scaled up to encompass two more MMK Group companies: MMK-METIZ and MMK-LMZ. About the GIA awards The GenerationS Innovation Awards (GIA) are the first national awards in the area of corporate innovation in Russia, celebrating the brightest achievements, practices and partnerships among Russian ...

Specialists from Mekhanoremontny Kompleks LLC (MRK, part of MMK Group) have designed and manufactured a line of import substitution equipment for leading metallurgy companies in Russia. Specialists from Mekhanoremontny Kompleks LLC (MRK, part of MMK Group) have designed and manufactured a line of import substitution equipment for leading metallurgy companies in Russia. Together with the I.P. Bardin Central Research ...