of the innovation agenda
Market leadership goes beyond commodity assets and vertical integration of operations – from mining to selling household appliances and metal structures. It also requires a high level of innovation across all operations and business processes.
in R&D and Industry 4
The MMK Group's innovation strategy is focused on the production of metal structures and miscellaneous products and delivering MMK Industry 4 projects powered by machine learning, computer vision, industrial exoskeletons, big data analytics, industrial internet of things (IIoT), additive technologies, mathematical modelling, automation, robotisation and digitalisation of production processes.
RUB 600 million investment:
The deployment of digital technologies across MMK’s operations will become the Company’s key development driver in the near future. Clearly, the key to the success of any strategy is the people. The extensive hands-on expertise of our teams who can embrace and harness digital technologies in day-to-day operations will help the Company unlock its potential to improve efficiency and decision-making at all governance levels and increase the effectiveness of all business processes
Focus on economic value and staff health
We select projects for MMK’s Digitalisation Strategy 2025 following comprehensive assessment, checking whether the project is aligned with the Company’s strategy and meets its RoI requirements and taking into account the balance of risk and other important factors. As a result, the final portfolio has a higher expected rate of return compared to MMK’s standard profitability levels
MMK Director for Economics
Efficiency drive and the spirit of invention
MMK’s management team believes that the drive for efficiency and invention is key to staff development and the Company’s competitive edge. We are constantly seeking ways to improve our efficiency drive efforts. These include regular competitions and training workshops along with the work to streamline the procedure for submitting suggestions, including through the Evolution and Energy Management Platform mobile apps. In 2020, 4,984 suggestions were submitted to expert commissions, with 75% approved for implementation. The economic benefits from work improvement suggestions implemented at Magnitogorsk Iron & Steel Works in 2020 exceeded RUB 600 million. Most suggestions addressed occupational health and safety, energy efficiency and lean use of materials and equipment.
It is no secret that any invention, even the most advanced one, is useless unless it has practical application. The best result can be achieved only when high technology meets practical purpose. This is the reason why we run conferences share experience sharing, signs cooperation agreements with universities, R&D centres and development institutions. We invite you to Magnitogorsk to see our production facilities
Head of MMK R&D Centre
Exhibitions Not only we tap into best technology and innovation scouting practices, we also showcase our innovative solutions at various nationwide and regional events. At INNOPROM 2021, MMK presented its proprietary technology for manufacturing 0H9 grade rolled sheet cryogenic steel, which is widely used in production, storage, and transportation of liquefied and compressed natural gas. At Archimedes 2021, we exhibited four patented inventions and a utility model. The Company was awarded a gold medal for its innovative method to produce cryogenic structural steel. Cryogenic structural rolled steel sheets combine such features as high strength, sufficient ductility and toughness at temperatures as low as minus 196°C. Another MMK’s innovation – a solution for manufacturing high-strength cold- resistant low-alloy rolled steel – won a silver medal. High-strength low-alloyed rolled steel sheets with increased cold resistance are used in transport and heavy engineering industries.
MMK does its best to think and act proactively. Over the last few years, we have developed more than 50 steel grades, including 20 grades on request. This enables MMK to gradually move away from supply of mass products to customised innovative solutions with high added value
Chief Specialist of the development group at MMK R&D Centre