Flagship of the Russian ferrous metallurgy, the Magnitogorsk Iron and Steel Works, is 90 years old. On February 1, 1932, the first blast furnace in Magnitogorsk produced the first cast iron. This date became the birthday of the enterprise, which left a bright mark on the national history and today continues to make a significant contribution to the country's economy, meeting the needs of the basic sectors of Russian industry. For 90 years, the plant has produced 663 million tonnes of pig iron, 856 million tonnes of steel and 706 million tonnes of rolled products.Russian President Mr Vladimir Putin in a greeting message said “Your legendary enterprise has a rich history and glorious traditions. The selfless work of several generations created a flagship of national metals industry in Magnitogorsk. Since the first years of its operation, the enterprise manufactured top-quality goods that enjoyed high demand, and was instrumental in the country’s industrialization. During the Great Patriotic War, the enterprise supplied ammunition to the front without respite, provided defence factories with tank armour and made a weighty contribution to the Great Victory. Your enterprise actively introduces new equipment and technologies, attracts investment and helps strengthen Russia’s defence capability, as well as its key strategic economic sectors, including the energy industry, construction and engineering. And, of course, it is highly important that you devote great attention to environmental security and implement various principles of corporate social responsibility.”Over the past two decades, MMK has been implementing long-term technical re-equipment programs aimed at modernizing existing production facilities and building new capacities focused on the production of high-margin products. Over the years, modern high-performance complexes have been built at the plant, which have allowed the company to become a leader in the supply of metal products for the country's pipe industry, automotive and shipbuilding, and to take a leading position in the premium product market. In addition, MMK pays great attention to climate change issues and plans to reduce greenhouse gas emissions into the atmosphere to the level of 1.8 tons of CO₂ equivalent per tonne of steel by 2025 - this will be facilitated, among other things, by the introduction of technology for using "syngas" (synthesis gas) that promotes decarbonization.
Flagship of the Russian ferrous metallurgy, the Magnitogorsk Iron and Steel Works, is 90 years old. On February 1, 1932, the first blast furnace in Magnitogorsk produced the first cast iron. This date became the birthday of the enterprise, which left a bright mark on the national history and today continues to make a significant contribution to the country's economy, meeting the needs of the basic sectors of Russian industry. For 90 years, the plant has produced 663 million tonnes of pig iron, 856 million tonnes of steel and 706 million tonnes of rolled products.Russian President Mr Vladimir Putin in a greeting message said “Your legendary enterprise has a rich history and glorious traditions. The selfless work of several generations created a flagship of national metals industry in Magnitogorsk. Since the first years of its operation, the enterprise manufactured top-quality goods that enjoyed high demand, and was instrumental in the country’s industrialization. During the Great Patriotic War, the enterprise supplied ammunition to the front without respite, provided defence factories with tank armour and made a weighty contribution to the Great Victory. Your enterprise actively introduces new equipment and technologies, attracts investment and helps strengthen Russia’s defence capability, as well as its key strategic economic sectors, including the energy industry, construction and engineering. And, of course, it is highly important that you devote great attention to environmental security and implement various principles of corporate social responsibility.”Over the past two decades, MMK has been implementing long-term technical re-equipment programs aimed at modernizing existing production facilities and building new capacities focused on the production of high-margin products. Over the years, modern high-performance complexes have been built at the plant, which have allowed the company to become a leader in the supply of metal products for the country's pipe industry, automotive and shipbuilding, and to take a leading position in the premium product market. In addition, MMK pays great attention to climate change issues and plans to reduce greenhouse gas emissions into the atmosphere to the level of 1.8 tons of CO₂ equivalent per tonne of steel by 2025 - this will be facilitated, among other things, by the introduction of technology for using "syngas" (synthesis gas) that promotes decarbonization.