Annual report 2007 - Magnitogorsk Iron & Steel Works ...

Goals Planned value Actual value
Achieve the Company’s equity value of not less than
150 billion roubles
Achieve a labor productivity value of 45.7 equivalent
tons per person.
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150 billion roubles 167.75 billion roubles
45.7 eq t per pers 47.8
Objectives in the Field of Quality for 2008
Produce not less than 13 million tons of commercial products.
Achieve a share of slabs in the total volume of commercial steel products not exceeding 7.3% Ensure a “crudeto-rolled-steel”
consumption ratio not exceeding 1,071 kg/ton Ensure pre-determined yield performance in
the production divisions
Achieve consumer satisfaction degree of not less than 0.80, for the automotive sector, not less than 0.82, and
for pipe producers, not less than 0.79
Achieve a level of fulfilling orders accepted for delivery of steel products to the export and domestic markets of
not less than 97.6%
Achieve the Company’s equity value of not less than 175 billion roubles
Provide for labor productivity in JSC MMK in the amount of 51.8 equivalent tons per person.
Dynamics of the Key Production Quality Indicators for
the Period from 200 to 2007
The implementation of the OJSC MMK Quality Policy has led to the improvement of the key quality indicators. Of
special note is the reduction in the specific consumption of coke and the improvement of the overall crude-torolled
steel ratio achieved thanks to improved production processes in all of MMK’s production divisions.
Designation
Coke Production
Unit of
measurement
Value
200 200 2007
Fractional yield + 25 mm % 82.80% 85.00% 84.60%
Fractional yield +40 mm % 65.80% 67.90% 69.30%
Sinter Production
Iron content % 56.23% 57.39% 56.63%
Uniformity of iron content % 89.40% 90.40% 90.40%
Fines content (from 5 mm to 0 mm) in sinter % 11.00% 10.30% 8.70%
Blast-Furnace Production
Сoke rate kg/t 456.6 448.5 447.5
Steel-Making Production
ANNUAL REPORT OPEN JOINT-STOCK COMPANY MAGNITOGORSK IRON & STEEL WORKS
Output of off-quality products in the BOF Shop % 4.26% 1.93% 2.12%
Output of off-quality products in the EAF Shop % 3.22% 1.28% 1.89%
Production of Rolled Products
SEASON 2007
Overall crude-to-rolled steel ratio kg/t 1,090.8 1,081.9 1,081.2
Second choice material % 0.38% 0.32% 0.49%
Rejected material % 0.55% 0.60% 0.89%
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