UKF lasertube LT5 purchase

MMK celebrates 85th anniversary


KF Stainless Ltd, suppliers of high quality stainless steel tubing, have

purchased of a state of the art Lasertube LT5, enabling to enhance their specialist cutting services.

This purchase represents the culmination of 12 months of research and development within a variety of market places both new and existing to UKF. Highly acclaimed within the industry the machine – equipped with a fi bre laser generator – is made by BLM Adige in Italy. The project, partly funded by the ERDF off ers state of the art precision opportunities for UKF’s customers. LT5 with its low operating costs, extreme ease of use and high reliability, is specially designed for cutting tubes with small and medium thickness – and can cut a wide variety of materials with high productivity and quality level, from steels and alloys to copper and brass. LT5 will leave conventional equipment lagging behind allowing UKF Stainless Ltd to manufacture and add more value to parts that currently cannot be achieved.

4 IMT March 2017 The addition of the Lasertube

LT5 will enhance their current suite of machines and allow UKF to off er customers a ‘one stop shop’ solution for users of stainless steel tube and sections. Diameters from 12mm to 120mm can be accommodated by this new Laser machine – with the added bonus of a clean and spatter free product throughout thanks to its use of a unique accessory protecting the internal diameter of the tube. LT5 provides extreme effi ciency – the multiple benefi ts of which are passed straight on to customers. Conceptual thinking in the design stage of components using a dedicated CAD/CAM package ARTUBE provides the opportunity to exploit all the machine functions during the design stage, and to obtain very accurate costings. The use of the laser can eliminate the need for additional operations such as welding, delivering more cost- eff ective parts which are even cosmetically enhanced. UKF Stainless Ltd off ering the best in productivity and performance for effi cient handling of tubes to the industry worldwide.

ast month, OJSC Magnitogorsk Iron and Steel Works celebrated it’s 85th anniversary of

the launch of its Magnitogorsk mill. On 1 February 1932 the mill’s fi rst blast-furnace produced its fi rst 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 fi nished metal products. If all the steel it produced over this time was set out in sheet form, 0.5 mm thick, it would cover around 200,000 square meters – an area larger than Belgium, the Netherlands, Austria, and Switzerland combined. MMK is holding a number of special celebratory events in Magnitogorsk to thank its current and former employees. The company has always been

the fl agship of the metals industry in Russia. When it launched in 1932, it was the largest metal mill in the world. It also played a major role for the USSR during World War II – supplying the steel needed as armor for every second Soviet tank, and in the production of every third shell. In the late 1990s, MMK launched

a major investment programme to upgrade production. It built state-of-the-art high-effi ciency production facilities focused on producing highly-competitive metal products for both domestic and international markets. Its steelmaking facilities were radically updated. The long product rolling mill was restored, modern facilities for producing galvanized and polymer-coated metal were built. In the past decade, the company has launched a thick plate mill and a new cold-rolling mill (Mill 2000) to produce cold-rolled and galvanized steel for the automotive industry. In 2016, the company produced over 12.5 million tonnes of crude steel and more than 11.3 million tonnes of commercial steel products.

Investor Relations Department: Andrey Serov, Head of IR tel.: +7 (3519) 24-52-97 E-mail:

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 complex 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 2016, the company produced more than 12.5 million tonnes of crude steel and more than 11.3 million tonnes of commercial steel products. MMK Group had sales in 2015 of USD 5,839 million and EBITDA of USD 1,668 million.

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