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MMK News

Mechanical Repair Complex of MMK: 25 Years of Uninterrupted Operation
mmk production russia steel
Wed, 29 Jan 2025 00:00:00 GMT
On January 28, LLC Mechanical Repair Complex (MRC) celebrated its 25th anniversary. MRC is one of the largest manufacturers of technological equipment for the metallurgical and mining industries in Russia. Throughout its history, the enterprise has ensured uninterrupted production processes at the Magnitogorsk Iron and Steel Works (MMK). MRC specializes in the production of new spare parts and replacement equipment for MMK's technological units, as well as the repair of mechanical


Uzbekistan: NMMC to issue $500 million in eurobonds in 2025
market mmk uzbekistan
Tue, 03 Dec 2024 00:00:00 GMT
In 2025, the Navoi Mining and Metallurgical Company (NMMK) plans to issue eurobonds worth $500 million. In 2024, NMMK successfully placed eurobonds on the international market, raising $1 billion. These bonds were listed on the London Stock Exchange in October. According to Fitch Ratings, the bond issuance is an important step in implementing NMMKs


MMK uses artificial intelligence to monitor blast furnace operations
labour mmk steel
Tue, 10 Sep 2024 00:00:00 GMT
Magnitogorsk Iron and Steel Works (MMK) has begun operating a machine learningbased digital system that helps workers control the oxygen levels supplied to its blast furnaces. The system recommends the optimal oxygen levels for the hot blast air in order to improve blast furnace efficiency during the production of cast iron. Until recently, the blast furnace operator made decisions based solely on readings of discrete data. In a dynamic environment, however, those readings may not always be


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