OREANDA-NEWS. OJSC Magnitogorsk Iron and Steel Works ("MMK" or "the Company") announces that its thick-plate Mill 5000 established a new output record of 953.3 thousand tonnes of finished products in 2015.

The previous record of 943.4 thousand tonnes was set in 2010.

The unique thick-plate Mill 5000 was commissioned in 2009. President Vladimir Putin took part in the commissioning ceremony. It is the core element of MMK's thick-plate production facilities, which also includes a secondary refining complex and continuous casting machine No. 6.

The Mill produces high-margin thick plate with width of up to 4,850 mm and strength of up to X120 to be used in the oil and gas industry, as well as ship and bridge building and machinery manufacturing.

MMK supplies steel produced at Mill 5000 to leading pipemakers for major projects being implemented by companies including Gazprom, Transneft and Lukoil. These projects include the Sakhalin-Khabarovsk-Vladivostok, Bovanenkovo-Ukhta and Southern Corridor gas pipelines, as well as the Eastern Siberia-Pacific Ocean and Kuyumba-Taishet oil pipelines.

In July 2015, the Mill produced its 5 millionth tonne of steel.