"The industry's situation is difficult": Magnitogorsk Iron and Steel Works will carry out mass layoffs and reduce capacity utilization to 60%
CEO Shilyaev: the market needs half as much, and no rapid growth in demand is expected
Magnitogorskiy metallurgicheskiy kombinat
Robots were put to work by a 1500°C furnace at the Magnitogorsk plant
The main goal is to improve industrial safety in metallurgical production