PJSC Magnitogorsk Iron and Steel Works’ (MMK) hot-rolled products Mill 2000 achieved its maximum annual production rate in 2018, for the second time since its launch, breaking the 6 million tonne mark for production of hot-rolled products.

The previous record was set at the end of 2016, when the annual output of the mill reached 5.948 million tonnes of hot-rolled steel. In 2018, the figure was 6.002 million tonnes.

MMK's most productive rolling mill is located in sheet-rolling shop No. 10. This is one of the most powerful and modern mills in Russia. The mill’s equipment makes it possible to produce the full range of MMK steel grades. Sheet width varies from 760 mm to 1,830 mm. The mill produces thousands of different products for various industries including pipes, construction, and machinery manufacturing and represents the widest product mix at MMK. It produces marine and structural steel grades, as well as rolled products, which are subsequently made of automotive sheets.

The mill was commissioned in 1994 and renovated in the mid-2000s. Within the framework of the renovations, a fourth heat treating furnace was built, efficiency was increased and equipment was upgraded. As a result, the mill now produces a larger assortment of products with improved mechanical properties. In addition, the automation of the unit has been updated, which has made it possible to fully automate the control of the mill. In recent years, the mill has been operating at full capacity. In 2015, the unit hit a milestone, producing 100 million tonnes of hot-rolled products.

About MMK

MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel-producing unit encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2017, the company produced 12.9 million tonnes of crude steel and 11.6 million tonnes of commercial steel products. MMK Group had sales in 2017 of USD 7,546 million and EBITDA of USD 2,032 million.

Investor contacts:
Andrey Serov
tel.: +7 (3519) 24-52-97
E-mail: serov.ae@mmk.ru
Media contacts:
Dmitry Kuchumov
tel.: +7 (499) 238-26-13
E-mail: kuchumov.do@mmk.ru
Dmitry Bulin
tel.: +7 (499) 238-26-13
E-mail: bulin.dn@mmk.ru