Press Center
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16.01.2020 MMK implements new marking technologies
Magnitogorsk Iron and Steel Works (MMK) has implemented a system for recording multi-turn actuators using modern marking technology in the form of radio frequency identification tags (RFID).
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14.01.2020 MMK retains top positions in rating of producers of flat and coated steel
The influential industry magazine Metal Supply and Sales has named Magnitogorsk Iron and Steel Works (MMK) first among Russian producers of flat products.
- 31.12.2019 MMK EGM approves dividends for Q3 2019
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23.12.2019 MMK once again recognised as one of WWF Russia’s Top Ten most environmentally responsible companies
Magnitogorsk Iron and Steel Works (MMK) has been named one of the top ten most environmentally responsible metals and mining companies in Russia in 2019, according to a rating compiled by World Wildlife Fund (WWF) Russia and the National Rating Agency. The Company ranked particularly high in the environmental impact category, where it shared the second-fifth place.
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11.12.2019 Standard & Poor’s Global Ratings revises MMK outlook to positive
PJSC Magnitogorsk Iron & Steel Works' ("MMK", or "the Company") (MICEX-RTS: MAGN; LSE: MMK), one of the world’s largest steel producers, is pleased to announce that Standard & Poor’s Global Ratings has revised MMK outlook from stable to positive and affirmed the rating at 'BBB-'.
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10.12.2019 UiPath highly appreciates MMK’s robotization of business processes
The Center of Competence RPA and Innovation of MMK-Informservice received an award from UiPath for the largest project on RPA robotics among production enterprises in Russia.
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09.12.2019 MMK successfully hosts first stage of Snowboard World Cup
The first stage of the 2019-2020 Snowboard World Cup in parallel slalom and parallel giant slalom was held at the MMK Metallurg-Magnitogorsk ski centre on lake Bannoe. Magnitogorsk Iron and Steel Works (MMK) was the main organiser responsible for the preparation and hosting of the tournament.
- 04.12.2019 MMK names new Head of Investor Relations
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19.11.2019 MMK compiles portfolio of business projects for digitalisation
Magnitogorsk Iron and Steel Works (MMK), together with Deloitte, has produced a list of MMK’s future digital transformation projects, to be completed by 2025. A thorough selection process resulted in a list of 110 projects in 18 areas of the company’s core business. These will form the basis of MMK’s overall digitalization strategy.
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15.11.2019 MMK’s investment programme to add USD 686 mln to EBITDA per year
Implementation of Magnitogorsk Iron and Steel Works’ (MMK) investment strategy from 2015-2025 should add USD 686 mln to the Company’s EBITDA per year. This was announced by MMK’s top management team at the Company’s Capital Markets Day held in London on Friday, 15 November 2019.
