Press Center
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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.
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14.11.2019 MMK Board of Directors Approved New Dividend Policy
On November 13, 2019, the Board of Directors of MMK approved a new version of the Company’s dividend policy.
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06.11.2019 Air quality in Magnitogorsk improves twofold
The Comprehensive Air Quality Index (CAQI) indicator for Magnitogorsk has almost halved over the past two years, official data shows, indicating a twofold improvement in air quality. The reading is the lowest in the history of Magnitogorsk. MMK has spent more than RUB 21 bln on environmental measures since 2017.
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31.10.2019 MMK wins nationwide Russian Buyers’ Competition
Magnitogorsk Iron and Steel Works (MMK) was among the winners in the all-Russian "Leader of competitive procurement" category. The company was also nominated in the "Development of team potential" category.
- 31.10.2019 MMK Group IFRS Results for Q3 2019 and 9M 2019
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31.10.2019 MMK's industrial tourism projects recognised at nationwide Russian competition
Magnitogorsk Iron and Steel Works (MMK) won the Russian Tourism “Route of the Year” award, awarded annually with data support from the Federal Agency for Tourism. More than 10,000 industrial tourists visited the MMK production site in one year.
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24.10.2019 MMK presents its best practices to colleagues
Today at the headquarters of Magnitogorsk Iron and Steel Works (MMK), the Magnitogorsk section of the conference ‘Best Available Technology in Blast Furnace Production’ will take place.
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24.10.2019 MMK expands its corporate information system
Magnitogorsk Iron and Steel Works (MMK) has successfully completed the first stage of a large-scale project to implement a unified corporate information system (CIS) based on Oracle R12 for the Group's organizations.
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23.10.2019 MMK participates in innovation forum at Skolkovo
MMK-Informservice (part of Magnitogorsk Iron and Steel Works Group) is presenting its developments in electronic document management and programmed RPA robots at the ‘Open Innovations 2019’ forum.
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22.10.2019 MMK and ChelPipe hold anniversary coordination council on strategic cooperation
Magnitogorsk Iron and Steel Works (MMK) and Chelyabinsk Pipe-Rolling Plant (ChelPipe) held their 25th coordination council, dedicated to cooperation between the two companies.
