Magnitogorsk Iron & Steel Works 2012 AR2
The report highlights the operational and financial performance of Magnitogorsk Iron & Steel Works (MMK) for the fiscal year 2012. Key achievements include the completion of the 2,000 mm Cold Rolling Mill Complex and a 6.9% increase in MMK Group's steel production to 13.037 million tonnes. The company expanded its domestic market share, with 77% of steel shipments directed to the Russian market. In terms of sustainability, MMK invested RUB 2.6 billion in social and charitable programs and RUB 1.15 billion in environmental protection, resulting in a 9.1% reduction in specific air emissions.
Company: Magnitogorsk Iron & Steel Works
Sector: Manufacturing
Country: Russia
Year: 2012
Type: AR2
Pages: 75
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Magnitogorsk Iron & Steel Works
Steel & Style Annual Report
The report highlights the operational and financial performance of Magnitogorsk Iron & Steel Works (MMK) for the fiscal year 2012. Key achievements include the completion of the 2,000 mm Cold Rolling Mill Complex and a 6.9% increase in MMK Group's steel production to 13.037 million tonnes. The company expanded its domestic market share, with 77% of steel shipments directed to the Russian market. In terms of sustainability, MMK invested RUB 2.6 billion in social and charitable programs and RUB 1.15 billion in environmental protection, resulting in a 9.1% reduction in specific air emissions.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees