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... compared to the same period in 2017, which led to a reduction in consumption of purchased natural gas. Work to improve energy efficiency is carried out at all stages of the industrial site of the plant, as well as in the enterprises of the group of companies MMK. As in previous years, the Company's energy saving and energy efficiency activities were carried out in several ways. One of them is the elaboration and implementation of ideas in the field of energy saving. In the first nine months of 2018,...

... every rouble invested in infrastructure by the Industrial Park itself, residents have invested RUB 7.9, which indicates a high degree of trust in the Industrial Park’s management company and confidence in the potential for further growth. Forty-seven companies are currently operating at the Industrial Park, and more than a thousand jobs have been created. Founded in 2013, the Metallurgical Deoxidizer Plant produces ferrosilicon- and calcium carbide–based deoxidizers and processes ferroalloys by ...

... ‘Taming the Fire’ – This tour includes a visit to Russia’s largest blast furnace plant and the unique complex of Mill 5000 whose products are used to supply manufacturers of large diameter pipes, as well as shipbuilding and bridge construction companies. You can visit the workshops and the plant’s science and technology museum on the ‘Steel Evolution’ tour. The tour gives an insight into the glorious history of the plant, as well as into how the plant runs today. The museum exposition ...

... Teksler presented awards to the winners of the district stage of the All-Russian awards “Exporter of the year.” Diplomas of the Russian Export Centre and letters of appreciation from the Governor of the Chelyabinsk Region were awarded to nine companies, including the Magnitogorsk Iron & Steel Works, which was represented at the award ceremony by Oleg Fedonin, Head of the Department of Foreign Economic Activity and Sales to the Automotive Industry of MMK. “I am glad that companies in our ...

... advantages. Now it is an updated veteran, a unique high-performance unit with an increased production volume of up to 5.2 million tonnes per year and a more complex high-quality product range. Such facilities will allow the Company and all MMK Group companies to work more reliably and in a more timely manner." The continuous thick sheet hot rolling mill 2500 was first launched in December 1960, and since then various sections of the mill have been reconstructed on several occasions. The large-scale ...

... launch of the programme. The production site of one of the country's largest steel producers had regularly been visited by colleagues and partners, consumers of its products, suppliers of equipment and raw materials and representatives of other steel companies. Young residents of Magnitogorsk have also been able to see first-hand the legend of Russian metallurgy, as part of career guidance work, special attention has been given to children's tours of the plant. 'Steel Route' has improved the access ...

... the user to log in via SMS, to monitor MMK's demand for material and technical resources, to be notified in real-time of auctions held at the plant, and to subscribe to mailing lists sorted by categories of interest. The use of ETP by MMK Group’s companies ensures transparency and grants MMK a degree control through the use of a common list of sellers and items directory. It also enables MMK to use the results of auctions held by all the Group’s companies. The advantages of electronic auctions ...

Magnitogorsk Iron and Steel Works (MMK) has been carrying out systematic work to develop the region of its presence, which has led to the drastic improvement of the environment in Magnitogorsk and created new focal points for economic and social growth. The Company’s efforts in the area of ESG were presented by Yaroslava Vrubel, Head of Sustainable Development and Investor Relations at MMK, during the VII International Baikal Risk Forum, which is currently taking place in Irkutsk. Magnitogorsk...

OJSC MMK announces that a meeting of the MMK Board of Directors was held today, April 20, 2012. Resolutions passed by the Board are specified below. The Board issued a recommendation for the MMK Annual General Shareholder Meeting (AGM) to consider approving the Board-nominated Company Auditor. The Board preliminary approved the Company’s 2011 Annual Report. The Board recommended that the MMK AGM scheduled for May 25, 2012 declares no dividends to be paid for FY 2011. The Board has outlined...

Magnitogorsk Iron and Steel Works ("MMK", or "the Company") (LSE: MMK) today held its Annual General Meeting of Shareholders (AGM) in Magnitogorsk. The AGM approved MMK’s annual report and financial statements for 2013 and resolved not to pay a dividend for the 2013 financial year. The AGM also elected the Board of Directors of MMK. The new Board of Directors comprises Victor Rashnikov, President of LLC MMK Managing Company; Pavel Shilyaev, CEO at OJSC MMK; Vitaly Bakhmetyev...