Magnitogorsk Iron & Steel Works 2017 AR2
The report highlights PJSC MMK's operational and financial achievements for the fiscal year 2017. The company achieved a steel production of 12.9 million tonnes and revenues of USD 7.546 billion, driven by strong domestic demand and a high share of high-value-added products. MMK made significant progress in its long-term development strategy through 2025, focusing on environmental protection, energy efficiency, and occupational safety. Key environmental projects included the modernization of gas-cleaning units and the construction of a new sintering plant. Additionally, the company completed the acquisition of Lysva Metallurgical Group to consolidate its market position.
Company: Magnitogorsk Iron & Steel Works
Sector: Manufacturing
Country: Russia
Year: 2017
Type: AR2
Pages: 100
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Magnitogorsk Iron & Steel Works
Annual Report
The report highlights PJSC MMK's operational and financial achievements for the fiscal year 2017. The company achieved a steel production of 12.9 million tonnes and revenues of USD 7.546 billion, driven by strong domestic demand and a high share of high-value-added products. MMK made significant progress in its long-term development strategy through 2025, focusing on environmental protection, energy efficiency, and occupational safety. Key environmental projects included the modernization of gas-cleaning units and the construction of a new sintering plant. Additionally, the company completed the acquisition of Lysva Metallurgical Group to consolidate its market position.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Jun 1, 2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees