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Big Data Yields Bigger Savings for Russia's MMK

19 Jul 2016 - A data science firm said it has helped Russia’s Magnitogorsk Iron and Steel Works (MMK) save more than 3 million annually in steelmaking costs by applying predictive analytics to years of production data.

Steel Market Conditions Prompt Mitsubishi Heavy Industries to Reduce Costs at Primetals Venture

13 Jun 2016 - In the face of a weak steel market, Mitsubishi Heavy Industries Ltd. is looking to cut costs at its Primetals Technologies venture, reports the Bloomberg news service.

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