16:33, 12 January 2023

MMK to Invest in Environmental Protection

Steel producer Magnitogorsk Iron and Steel Works (MMK)Metal-Expo regular exhibitor, has announced that it will invest RUB 26.8 billion ($455.2 million) in environmental protection this year.

The main investments will be linked to the construction of new environmental protection facilities at MMK's by-product coke plant as part of its comprehensive overhaul. This will include the construction of coke oven battery No. 12. A total of around RUB 14 billion will be allocated to the projects.

MMK's environmental program for 2022 includes the implementation of 29 measures related to air protection at all of the plant's key processing facilities. Total investments in this area will exceed RUB 9 billion. A further eight projects are also planned for this year to reduce water consumption and pollutant emissions. Other aspects of MMK's environmental program include measures to reduce and prevent the impact of industrial waste on the environment, with a total of RUB 1.2 billion to be allocated for these measures.

New on the topic

Electronic registration now open for the June Castings and Metal Structures Exhibition complex

The electronic registration for the specialised exhibitions Metallurgy.Russia'2024 and Litmash.Russia'2024, as well as the forum for manufacturers of metal structure...

22 March, 16:13

Stainless steel consumption in Russia increased by 27%.

The association 'Spetsstal' has reported that the visible consumption of the main types of stainless steel products in Russia increased by 27.3% to 661.9 thousand tonnes in 2023, compared to 2022. This represents an ...

20 March, 13:33

Mechel PAO (MOEX: MTLR), has summarised its production and sales results for 2023.

Mechel PAO (MOEX: MTLR), a prominent Russian mining and metals company, has released its operating results for Q4 and 12M 2023. Oleg Korzhov, Chief Executive Officer, stated that the averag...

28 February, 12:48

Stocks of non-ferrous metals from Russian Federation on the LME increased 2.5 times

In 2023, the stocks of non-ferrous metals from the Russian Federation on the London Metal Exchange (LME) increased significantly. It is worth noting that traders primarily engage in tradin...

02 February, 15:56
Subscription to newsletter