The increase in production at the Magnitogorsk

Achievements of the CMI for the year 2011: the production of steel 7%, production of marketable products — just 7% of coking coal concentrate +9%, and so on (all figures at the end of the article).

Status of implementation of key investment projects of the MMK Group:

Mill 2000

For the development of an emerging market and high-strength steels in order to replace imported to Russia high-quality automotive sheet at MMK is building a new complex for the production of high-quality cold-rolled and galvanized steel with the most advanced technologies. Car will be used for the production of internal and external parts of automobiles, household appliances and in the construction industry. The overall performance of the complex is 2 million tons per year of finished products, including 700 tons of galvanized steel.

 

July 15, 2011 was put into operation the first stage cold rolling complex — continuous pickling line, combined with the rolling mill. In 2011, at the camp was laminated over 370 thousand tons of cold rolled steel. In parallel, the process is the acceptance of products mill automakers. Start the second stage — of a continuous hot-dip galvanizing, continuous annealing and assembly inspection lane — scheduled for July 2012 Supplier of complex equipment Cold Rolling Mill 2000 is a German engineering concern SMS-DEMAG.

Access to foreign markets

The project MMK Metalurji Turkey has been implemented as part of the strategy to strengthen its position in the markets CMI Middle East. July 15, 2011 he was commissioned a continuous hot-dip galvanizing unit (ANGTS) at the production site MMK Metalurji in Istanbul (Turkey). Running ANGTS marked the completion of the metallurgical complex MMK Metalurji, erected at two sites — in Iskenderun and Istanbul. Construction of the complex in Iskenderun was completed in May 2011 Production capacity of the metallurgical complex MMK Metalurji designed for an annual production of 2.3 million tonnes of steel products: hot rolled, galvanized and color-coated steel. According to its technological equipment of the complex is one of the most advanced in Turkey. Its production capacity will meet the growing needs of the Turkish market in a variety of steel products, as well as to export the company's products to foreign markets, particularly in the Middle East, the Mediterranean and Europe. Weather is expected that the growth rate of steel consumption in Russia in 2012 will outpace the global average. The growth in steel consumption in the domestic market, realized in recent years large-scale investment in production, development of new products will allow MMK to increase production of commercial products on the Russian site. In general, the MMK Group in 2012 increased production of commercial products as compared to 2011 can be up to 15%, which will also contribute to the output of the metallurgical complex in Turkey at full capacity. Publication of the consolidated financial results of the MMK Group IFRS Q4. and 12 months. 2011 is scheduled for early April 2012

Group's operating results MMK1 for the 4th quarter and 12 months of 2011: Total steel production in the MMK Group for the 12 months. 2011 amounted to 12 195 tonnes (7% at 12 months., 2010). Total production in the MMK Group for the 12 months. 2011 amounted to 11 158 tonnes (7% at 12 months., 2010). Steel production at MMK for 12 months. 2011 amounted to 11 724 tonnes (3% at 12 months., 2010). Q4. 2011 was produced 2,826 tons of steel. Production of commodity products CMI for 12 months. 2011 amounted to 10,646 tons (+4% at 12 months., 2010). Q4. 2011 was produced 2,623 thousand tonnes of salable product. Production of commodity products MMK-HARDWARE for 12 months. 2011 amounted to 465 thousand tons (+3% over the same period of 2010). Q4. 2011 was produced 103 thousand tonnes of salable product. Production of commodity products MMK-Metalurji for 12 months. 2011 amounted to 505 thousand tons, which is 3.2 times the rate of production of 12 months. In 2010 Q4. 2011 was produced 233 thousand tons of commodity products (+46% to 3 m., 2011). In the group of MMK production of steel products with high value added (HVA) for 12 months. 2011 increased by 2% compared to 12 months. 2010 and amounted to 4,066 tons. Production of coking coal concentrate for 12 months. 2011 amounted to 3,216 thousand tonnes (9% at 12 months., 2010). Q4. 2011 was produced 882 thousand tonnes of coking coal concentrate (+4% to 3 m., 2011). Own consumption of iron ore in 12 months. 2011 amounted to 4,825 thousand tonnes (3% at 12 months., 2010)

"Metal Supply and Sales" January 27, 2012

 

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