MagnitogorskIron and Steel Works (MMK) won the XV industry competition titled ‘Metal and Mining Enterprises with Highly Effective CSR’.

The competition participants were 61 metal and mining enterprises. For the second year in a row, MMK is amongst the winners in the category ‘Environmental Protection and Resource Management’.

MMK’s investments in environment protection last year exceeded 4 billion rubles. The company undertook a number of large ecological projects including: the reconstruction of the sulphur capture systems at the sinter plant, the reconstruction of the gas-cleaning unit at the double-hearth furnace of the electric arc furnace facility, and the construction of aspiration systems for casting beds at blast-furnaces Nos. 9 and 10. The company’s investments in environmental protection activities for 2018 are expected to amount RUB 5.5 billion. By 2025, MMK plans to have allocated more than RUB 38 billion to environmental protection projects.

At MMK much attention is paid to the questions of resource conservation and energy efficiency. In particular, it is actively undertaking the recycling of slag which will allow it to reduce the consumption of purchased iron ore raw materials and increase the share of secondary material resources in the burden from sinter production. In 2017 alone, 11.4 million tonnes of slag were recycled at specialised plants. Currently, MMK is completing the construction of an iron-containing tailings enrichment line at slurry storage No. 2.

The results of the XV industry competition ‘Metal and Mining Enterprises with Highly Effective CSR - 2018’ were summarised by the Board of the Russian Association of Metal and Mining Industrialists and by the Executive Committee of the Central Council of the Russian Metal and Mining Trade Union (in conjunction with the Department of Metallurgy and Materials of the Ministry of Industry and Trade of Russia). The award ceremony took place in the V.I. Vernadsky State Geological Museum.

MMK-METIZ, another member of MMK Group, was one of the winners in the Personnel Development category. Finalists of the industry competition are recommended for participation in the competition for the title of "Russian Organization with Highly Effective CSR", conducted by the Russian Government.

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 complex 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