Russia’s MMK teams up with SMS Group to investigate how to reduce emissions

Magnitogorsk Iron & Steel Works (MMK), one of the largest steel producers in Russia, is to team up with equipment manufacturer SMS Group to study, develop and implement decarbonization technologies to reduce the steelmaker’s carbon dioxide emissions.

The two companies have signed a memorandum of understanding (MoU), but MMK did not give any further details about the deal.

All projects are at the development stage at the moment, the company told Fastmarkets.

According to MMK’s LinkedIn profile, however, in particular projects, studies will focus on technologies for the direct reduction of iron and the highly efficient production of hydrogen.

Related Articles