OJSC Magnitogorsk Iron and Steel Works ("MMK", or "the Company") (LSE: MMK) today celebrates the 85th anniversary of the launch of its Magnitogorsk mill. On 1 February 1932 the mill’s first blast-furnace produced its first batch of pig iron. This date has come to be celebrated as marking the launch of MMK – one of the largest metal facilities in Russia and globally. Over 85 years, MMK in total mined more than 430 million tonnes of ore, produced more than 700 million tonnes of sinter, 614 million tonnes of pig iron, 791 million tonnes of steel, and 633 million tonnes of finished metal products.
For the full press release, go to mmk.ru.