Press Center

PJSC Magnitogorsk Iron & Steel Works' (MMK) is pleased to announce that on December 10^th, 2018 rating agency S&P Global Ratings assigned the Company 'BBB-/A-3' long- and short-term issuer credit ratings with Stable Outlook.

Magnitogorsk Iron and Steel Works (MMK) successfully passed its second supervisory examination of energy management for compliance with the international standard ISO 50001, the certificate of conformity to which was first obtained in 2016.

Magnitogorsk Iron and Steel Works’ (MMK) commissioned a system of hydraulic structures in the waters of the Magnitogorsk reservoir, as part of the reconstruction of its water recycling supply system.

Magnitogorsk Iron and Steel Works (MMK) became the winner of the 24th International Industrial Exhibition "Metal-Expo`2018". The company won a gold medal for the development and implementation of a production logistics data system, allowing for a significant increase in productivity.

Victor Rashnikov, Chairman of the Board of Directors of PJSC Magnitogorsk Iron and Steel Works (MMK), became a winner of the award 'Director of the Year', awarded within the framework of the eponymous national award at the end of the 2017-2018 corporate year.

Magnitogorsk Iron and Steel Works (MMK) became a national prize winner of 'Prioritet 2018', a national award in the area of import substitution in the Metallurgy category. The jury highly praised a unique polymer rolled steel SteelArt produced at MMK-Lysva Metallurgical Plant (part of MMK Group).

Magnitogorsk Iron and Steel Works’ (MMK) legal team, led by Chief Legal Officer Sergey Shepilov, has been named among best corporate counsels by Legal 500, an authoritative international legal publication.

Magnitogorsk Iron and Steel Works’ (MMK) management decided to co-finance projects implemented by the residents of MMK Industrial Park to support and enhance business development in Magnitogorsk.

Magnitogorsk Iron and Steel Works (MMK) together with Magnitogorsk city administration has been implementing a comprehensive programme to greenify the city: the Company plans to plant over 10,500 trees and bushes over the next 6 years. Total investments are estimated at RUB 57 million.