Steel industry news

Russian steelmaker saves millions by mathematical modelling

Published: June 12, 2019 by Matthew Moggridge

Russian steelmaker Magnitogorsk Iron and Steel Works (MMK), one of the world's largest steel producers and a leading Russian metals company, claims it has saved RUB 500.9 millon (USD7.7 million) in 2018 through the use of a mathematical model to optimise the delivery and consumption of…

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Severstal commits to digital development

Published: June 05, 2019 by Matthew Moggridge

Russian steelmaker PAO Severstal, a world-leading vertically integrated steel and mining company, has established a new unit that will focus on the development of digital businesses.

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