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... first centre of excellence for the development of industrial tourism in partnership with the Agency for Strategic Initiatives and the Government of the Chelyabinsk region. The centre aims to train specialised tour guides and create a platform where companies can share experiences and best practices in industrial tourism. In 2022, MMK began to take part in the youth employment project “More than Work,” carried out by the Federal Agency for Youth Affairs in partnership with the autonomous non-profit ...

... Magnitogorsk Iron and Steel Works (MMK) is participating in the 20th international exhibition for commercial real estate and retail NatMallExpo 2024, which opened on 2 April in Moscow. Visitors to MMK’s stand at the exhibition can learn about MMK Group companies’ non-core assets, including promising commercial properties of interest to large investors seeking to diversify their portfolio, such as land plots, production and storage facilities, various non-residential properties and other commercial ...

The total economic effect from the implementation of projects to improve the energy efficiency of production processes at the Magnitogorsk Iron and Steel Works in 2017 amounted to about 1 billion rubles. Work to improve energy efficiency was carried out at all levels of the plant’s industrial site. As in previous years, the Company’s energy conservation and energy efficiency activities were carried out in several directions. One of these is the study and implementation of energy-saving ideas....

Magnitogorsk Iron and Steel Works (“MMK”), one of leading global steel producers, has successfully obtained a US$ 500 mln unsecured term loan facility (“Facility”) from a club of 5 banks. ING Bank N.V., Nordea Bank , ZAO Raiffeisenbank and RBI AG (together RBI Group), Sberbank CIB and UniCredit acted jointly with UniCredit also undertaking the role of Sole Coordinator and Facility Agent. The Facility is structured as a 4-year unsecured term loan facility, including 18-month grace period...

... take place as part of Baku Energy Week. Every year, Azerbaijan’s President Ilham Aliyev takes part in the opening ceremony of the exhibition, confirming its high status. This year's event will bring together energy industry leaders from more than 250 companies around the world.

At two plate-rolling workshops of Magnitogorsk Iron and Steel Works (MMK), a new digital system has been put in place for monitoring the number of cars that are in commercial operation. The system will allow for rapid identification of violations during work with rolling stock and significantly improve the efficiency of shipment unloading. In the workshops, video surveillance equipment, software and hardware to recognize the car number, a system to determine the direction of the cars, and the...

In the Magnitogorsk Iron and Steel Works (MMK) long products shop, the overhaul of the two-thread fine-wire mill 170 was completed. Repair works on the unit were carried out simultaneously with the reconstruction work. As part of the modernisation of the mill, which took place from May to June this year, the heating furnace was reconstructed, the water-cooling line was replaced and all the STELMOR line of fans were replaced with new, more productive ones. Modernisation of the cooling line is...

... document management. On Tuesday, August 18, Magnitogorsk Iron and Steel Works (MMK) and Zagorsk Pipe Plant (ZTZ) signed an agreement of intent to fully switch to electronic document management by the end of 2021. The document was signed as part of the companies’ first online coordination council, held on August 17-18. As part of the agreement, the companies plan to implement a number of joint projects in the field of digitalisation to improve document management over time. Electronic document management ...

... the last three Olympic Games, as well as other global competitions. World Cup fans will be treated to a huge 10-meter led screen, broadcasting the course of the competition. The rights to show the first stage of the World Cup were acquired by 14 TV companies, including 'Eurosport', 'Match country', 'OTV' and others. A team of 120 people, including engineers and operators, will produce the television signal and provide audiovisual support for the competition. The broadcast director will be Stanislav ...

Magnitogorsk Iron and Steel Works (MMK) plans to begin the reconstruction of blast furnace No. 2 in 2020, in line with its modernisation plans. MMK plans to radically modernise the unit, significantly reducing its environmental impact. The historically-significant blast furnace No. 2 was commissioned in the summer of 1932, a few months after the launch of the plant. Currently, it produces around 3,800 tonnes of pig iron per day. As part of the modernisation process, MMK plans to dismantle and...