Magnitogorsk Iron and Steel Works (MMK) is taking part in the 22nd Archimedes Moscow International Salon of Inventions and Innovative Technologies which is already underway.

This year, MMK's innovative potential is showcased by four patented technologies in the field of cold-resistant metal rolling designed for icebreaker fleets, marine and engineering equipment used in the Arctic.

The competitive advantages of this cold-resistant metal, due to its unique combination of economical alloying to produce a strong, viscous and cold-resistant (up to -60°) metal which has isotropic properties, is fracture resistant, and has excellent weldability, meant that the product was subject to high demand both from Russian and international markets.

The 22nd Archimedes Moscow International Salon of Inventions and Innovative Technologies is currently taking place at the Sokolniki exhibition centre from 26-29 March. The world's largest forum comprises various events, including the showcase of inventions, industrial designs, trade-marks and useful models. Under the initiative University of the Inventor there are also conferences, competitions, venture fairs, and training events.

MMK regularly takes part in the Archimedes salon. During the 20th annual salon in 2017, MMK was awarded certificates and two gold medals for its development and implementation of the original trademark MAGSTRONG, as well as for the development of a method for production of highly wear-resistant sheet steel. The development of a method for the production of ultra-high-strength sheet steel and of a method for the production of high-strength sheet steel were both awarded bronze medals and certificates. In addition, at the end of the 2017 Archimedes salon, MMK was awarded a certificate as a token of gratitude for having participated in the organisation and holding of the event. MMK also won the certificate and regional cup for active work on the development of innovation and rationalisation - including first-time implementation at a Russian metallurgical plant - with the aim of increasing the efficiency of management of rationalisation, innovation and patent activity.

About MMK

MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel-producing unit encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2018, the company produced 12.7 mln tonnes of crude steel and 11.7 mln tonnes of commercial steel products. MMK Group had sales in 2018 of USD 8,214 mln and EBITDA of USD 2,418 mln.

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