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PJSC Magnitogorsk Iron and Steel Works (“MMK”) was visited on 14 July 2017 by the Deputy Head of the Federal Service for Supervision of Natural Resources (Rosprirodnadzor), Ramil Nizamov, with the aim of confirming the implementation of the agreement on ecological cooperation.

PJSC Magnitogorsk Iron & Steel Works' (MMK) is pleased to announce that on July 13^th, 2017 rating agency Fitch Ratings upgraded Company’s Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+' with Stable Outlook.

PJSC Magnitogorsk Iron and Steel Works (“MMK”) completed the reconstruction of gas purifying plants at the mill’s electric-furnace melting shop with CAPEX of more than RUB 1.3 billion. The gas purifying plants are now almost 100% efficient.

PJSC Magnitogorsk Iron and Steel Works (“MMK”) has been completing the construction of aspiration systems for casting beds at blast furnaces № 9 and № 10. The project with CAPEX of over RUB 1 billion allows dust emissions to be almost completely disposed of, decreasing the emissions by 50 times.

PJSC Magnitogorsk Iron and Steel Works (“MMK”) has today commissioned the continuous hot-dip galvanizing unit № 3. The unit will increase MMK’s capacity for the production of galvanized steel by almost 20%, to more than 2 million tonnes a year.

PJSC Magnitogorsk Iron and Steel Works ("MMK") Group plans to invest RUB 3.8 billion in environmental protection activities in 2017 - the highest amount in recent years. This was announced by Grigory Schurov, Director for Occupational Health and Safety and Environmental Protection at MMK, at the Magnitogorsk academic-research conference on environmental safety.

PJSC Magnitogorsk Iron and Steel Works ("MMK") announces that the implementation of rationalisation proposals at MMK for the first five months of 2017 amounts to RUB 214.5 million, up 20% year-on-year.

PJSC Magnitogorsk Iron and Steel Works ("MMK" or “the Company”) will commission a new continuous hot-dip galvanizing line in July 2017 to help satisfy growing demand for galvanised steel, Igor Sapozhnikov, Leading Marketing Specialist at MMK, told the 13th Annual Steel Markets Europe conference in Barcelona.