Annual Report 2010 - Magnitogorsk Iron & Steel Works

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MMK Industrial Waste108644,8Total steelmaking slag recycled(current and dumps), m tons5,095,556,899,15108646,7Total waste and slag usedfor reclaiming Mt.Magnitnaya'sexhausted pits8,429,398,549,32202006 2007 2008 2009 201002006 2007 2008 2009 2010Total industrial waste used insinter burden, m tons2,522,052,181,511,491,14 1,090,502006 2007 2008 2009 2010Environmental Protection Measures in 2010 andRelated ExpensesWithin the framework of the 2010 EnvironmentProgram the Company implemented 35 technicalmeasures of different levels of complexity aimed atthe reduction and prevention of negative impacts onthe environment.76
16 22 26 28 32 38 50 72MMK , sBusiness ModelMMK’s Missionand StrategyOJSC MMK Boardof Directors'The Company'sProductionSales MarketsFinancesCorporateGovernanceEnvironmentProtectionKey environmental protection measuresimplemented in 2010:MeasureConstruction of a water reusesystem, a treatment unit forCaster #6 and a secondary steeltreatment unit for Caster #6Construction of a gas treatmentsystem, a fume exhaust tractdownstream of gas cuttersfor Caster #6, secondary steeltreatment unit aspiration systemsfor Caster #6Reclamation of slag storagefacility #1 in the Ore-dressingPlant. Technical stage.Renovation water reuse systems inRolling Shop #4Construction of an electric filteraspiration system for blast-furnacestock houses #10Construction of slag processingunit aspiration systems (Amkom#1, 2)TimingExpenses, RUB million2010 Total to date2008-2010. 44.57 984.082009-2010 73.31 299.372000-2010 87.20 252.182010-2011 699.33 699.332008-2011 100.22 118.672010-2011 42.02 42.02ImpactPrevention of fresh waterconsumption for industrialpurposes by41,500 m 3 /hPrevention of dust emissionsby 885 t/year29 ha of damaged land havebeen re-cultivatedReduction of oil productdisposal into the waterreuse system by 21 t/yearReduction of emissions by600 t/yearPrevention of dust emissionsin the amount of 660 t/yearIn 2010 MMK spent a total of RUB 2,239.6 million on environmental protection. Expenses for construction ofnew, or renovation of existing, environmental facilities totalled RUB 1,373.3 million, including:• RUB 240.5 million on reduction of emissions into atmosphere;• RUB 1,012.8 million on reduction effluent;• RUB 120.0 million on industrial waste disposal.Expenditures on environmental protection in 2010:Cost descriptionAmount, RUB mCapital construction 1,373.3Capital repairs 12.9Maintenance (routine repairs and operational costs) 852.0R&D on environmental protection 1.4Total 2,239.6Environmental PerformanceIn 2010, MMK was named the winner of the IV All-Russia Competition “Leader in Environmental ProtectionActivity in Russia” competition that was conducted as part of the All-Russia Ecological Conference “NewPriorities for National Environmental Policy in the Real Economy”.Steel & Style , 10 MMK ANNUAL REPORT 77
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ContentsAnnual Report2010Editor-in-
Page 6 and 7:
Products for the Automotive Sector6
Page 8:
Statement of the Chairmanof the Boa
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16 22 26 28 32 38 50 72MMK , sBusin
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16 22 26 28 32 38 50 72MMK , sBusin
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Business Model ММК16
Page 18 and 19:
18Diverse Product Mix and Sales Foo
Page 20 and 21:
Significant Growth Potential20
Page 22 and 23:
NEW TRACKSMMK’s Missionand Strate
Page 24 and 25: To localize their production, forei
Page 26 and 27: OJSC MMK Board of Directors' Report
Page 28 and 29: The Company's ProductionOperationsT
Page 30 and 31: The Company's Production Operations
Page 33 and 34: 16 22 26 28 32 38 50 72MMK , sBusin
Page 37 and 38: Any colouror hue foryourproduct!Col
Page 49 and 50: The Head of the State also highly p
Page 67 and 68: Risk ManagementIn 2010, the followi
Page 78 and 79: Stakeholder EngagementCorporate soc
Page 80 and 81: Demag, ThyssenKrupp, АМСОМ, AL
Page 82 and 83: Information forShareholders andInve
Page 84 and 85: OJSC MMK Share Quotes and Trading V
Page 86 and 87: conferences for investors with MMK
Page 88 and 89: Open Joint Stock CompanyMagnitogors
Page 90 and 91: CONSOLIDATED STATEMENT OF FINANCIAL
Page 92 and 93: CONSOLIDATED STATEMENT OF CHANGES I
Page 94 and 95: CONSOLIDATED STATEMENT OF CASH FLOW
Page 96 and 97: Information on Companies in Which O
Page 98 and 99: Part Description PagePart 2: Financ
Page 100 and 101: Use of the GRI Reporting Framework
Page 102: No. Description Pages CommentsEN2 P
Page 106 and 107: General Information on OJSC MMKFull
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Annual Report 2010 - Magnitogorsk Iron & Steel Works

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