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The actual economic impact of the implementation of proposals at the Magnitogorsk Iron and Steel Works in 2017 amounted to RUB 599.3 million.

PJSC Magnitogorsk Iron & Steel Works (“MMK”) announces that it has signed a contract with SMS group GmbH (Germany) regarding the supply of equipment to be used in the reconstruction of the finishing train of hot-rolling Mill 2500 at sheet rolling plant No. 4. Under the terms of the contract, the equipment will be supplied over a period of three years.

Magnitogorsk Iron and Steel Works (“MMK”) has been one of the winners at the Russian Business Leaders: Dynamics and Responsibility competition, which is held every year by the Russian Union of Industrialists and Entrepreneurs (RSPP). The company secured a victory in the category “Development of Human Resources”.

PJSC Magnitogorsk Iron & Steel Works' (MMK) is pleased to announce that on January 29^th, 2018, Moody’s rating agency upgraded the Company’s Issuer Rating to 'Baa3' from 'Ba1' with positive outlook.

Magnitogorsk Iron and Steel Works’ (MMK) cold-rolling mill 2000 has produced 10 million tonnes of finished products. Launched in 2011, the unit is one of MMK’s most modern and high-tech facilities.

МMK (LSE: MMK) announces its operational results for Q4 and 12M 2017

The full version of the press-release can be found here.

Magnitogorsk Iron and Steel Works (MMK) achieved first place among Russian producers of galvanised and coated rolled metal following research carried out by the industry's authoritative publication Metal Supply and Sales.

A delegation of specialists from Magnitogorsk Iron and Steel Works (MMK) headed by the company's CEO Pavel Shilyaev made a working visit to the Lysvensky metallurgical plant in the Perm Krai.

Magnitogorsk Iron and Steel Works (MMK) is completing the final preparatory stage of work for the construction of a new sinter plant in Magnitogorsk. The current works include driving piles, laying foundations and installing the metal structures. The installation of the main technological equipment is planned for March 2018.