Магнитогорский Металлургический Комбинат

MMK is among the world's largest steel producers and is one of the leaders of Russia's steel industry. The company's operations in Russia include a large steel producing complex encompassing the entire production chain, from preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of higher value added products. MMK realizes MMK Metalurji project in Turkey with annual capacity of 2.3 mln tons of flat steel. In 2011 MMK Group produced 12.2 mln tons of crude steel and 11.2 mln tons of commercial steel products. MMK Group revenue in 2011 stood at USD 9.306 bln, EBITDA at USD 1.336 bln. 

• 26.04.2012 MMK Group Operational Results for Q1 2012

  MMK (LSE: MMK) announces its operational results for Q1 2012.

    
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• 25.04.2012

  OJSC Magnitogorsk Iron and Steel Works (MMK, the Company) announces that the Arbitration Court of Chelyabinsk Region at its preliminary hearing today (regarding the legal action brought by MMK’s minority shareholder Elena Egorova challenging the legitimacy of the MMK Board of Directors’ resolutions with respect to the acquisition of 100 percent stake in Flinders Mines Limited) has ruled to schedule the Court’s hearing on the merits for May 24, 2012.

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• 17.04.2012 Creation of an Entity Controlled by the Issuer Which Has Material Importance for the Issuer, and Termination of the Grounds for Controlling such an Entity
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• 12.04.2012 information to be provided or submitted by the Issuer to the relevant body (relevant organization) of a foreign state, foreign stock exchange and (or) other organizations under foreign law for the purposes of their disclosure or submission to foreign investors in connection with placement or circulation of the Issuer’s securities outside the Russian Federation, inter alia, through acquisition of a foreign issuer’s securities placed or being placed under foreign law
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OJSC MMK is a socially responsible company, which has taken on voluntary social commitments with regard to the residents of Magnitogorsk and the Urals in general. The list of social programs supported by the Company includes health care and creation of safe working conditions for the Company's employees, environment protection, wastes recycling and energy saving, personnel development, support to local communities and others.

The Company is actively participating in the development of the infrastructure of the city and outlying areas, building and maintaining cultural and sports facilities, providing support to public associations, organizing cultural and sports events. There is hardly a family in Magnitogorsk whose history is not intertwined with the history of the steel mill. Construction of hospitals, schools, roads and housing, maintenance of cultural and health rehabilitation centers, children's camps, and many other steps and actions designed to improve the life of the city's population – all of these are investments which are certain to pay off with a vengeance.