Russian steel giant MMK to spend $600 million on environmental projects
Mining News Pro - During the company’s Capital Markets Day in London on Friday, Magnitogorsk Iron & Steel PJSC, (MMK) Russia’s oldest steelmaker, told analysts, investors and press that its strategy is focused on sustainable development principles which “reflect a balance between improvement in operational and financial performance and social responsibility, along with environmental protection.”
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US Sanctions Instigates MMK to Cease HRC Exports to Iran
Mining News Pr - MMK (Magnitogorsk Iron and Steel Works) which is Russia’s third largest steel manufacturer and has recently completed the reconstruction of its first blast furnace, has stopped deliveries to Iran on the backdrop of US Sanctions imposed on Iran.
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Visit: 1909
Russia’s MMK Postpones Relaunch of its Steel Plant amid Uncertainty in Global Trade
Mining News Pro - After about four years of slump in global steel demand which has led to closure and bankruptcy of many steel companies worldwide, the same had started showing signs of revival since the latter half of 2017.
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Russia’s MMK Completes Reconstruction of its First Blast Furnace
Mining News Pro - MMK (Magnitogorsk Iron and Steel Works) which is Russia’s third largest steel manufacturer has completed the reconstruction of its first blast furnace. This new equipment will enable the company to significantly reduce its ecological pressure on the environment.
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Visit: 3011