Press Center
- 19.05.2011 MMK-Atakas produced first 3,000 tons of hot-rolled coil at the plant in Iskenderun. MMK-Atakas launched color coating line in Istanbul OJSC Magnitogorsk Iron and Steel Works (MMK) announces that Iskenderun-based MMK-Atakas hot-rolling unit (compact strip mill linked to the electric arc furnace facility) produced its first 3,000 tons of hot-rolled coil.
- 19.05.2011 Fitch upgraded credit ratings of OJSC Magnitogorsk Iron and Steel Works (MMK) Fitch Ratings upgraded OJSC MMK credit ratings today. Long-term IDR rating was upgraded to 'BB+' from 'BB' with stable outlook; national long-term rating was upgraded to 'AA (rus)' from 'AA- (rus)' with stable outlook.
- 26.04.2011 ChTPZ and MMK jointly create railcar fleet April 26, 2011, Chelyabinsk-Magnitogorsk, Russia - OJSC Chelpipe (ChTPZ) and OJSC Magnitogorsk Iron and Steel Works (MMK) are creating their joint rolling stock to ensure timely deliveries of steel plate from MMK’s Mill 5000 to ChTPZ’s Vysota 239 production unit. Implementation of this project has become part of strategic cooperation between the two companies. The decision to launch this initiative was made in 2007 when Mill 5000 and Vysota 239 were still under construction. ChTPZ and MMK jointly acquired forty-four 12-meter long strip carriers (equipped with mobile loading ramps) from the Ukrainian Company Dneprovagonmash.
- 21.04.2011 MMK Group* Operational Trading Update for Q1 2011
- 14.04.2011 MMK boosts shipments to Russian automakers Magnitogorsk Iron and Steel Works (MMK) almost doubled its shipments to domestic car making sector in 2010 compared to 2009
- 11.04.2011 The Intercos-IV Company, part of the MMK Group, began working on the 1st phase of the 2nd stage of the MMK-Intercos service center and stamped components plant in St. Petersburg According to the plan, commissioning of the 2nd stage of the service center and stamped components plant will be done on the phase-by-phase basis.
- 07.04.2011 OJSC “MAGNITOGORSK IRON AND STEEL WORKS” (“MMK”) Announces its consolidated financial statements under IFRS for 12M and Q4 2010
- 06.04.2011 MMK COMPLETED FIRST PHASE OF EQUIPING MILL 2000 April 6, 2011, Magnitogorsk, Russia - Magnitogorsk Iron & Steel Works (MMK) reports it has assembled first phase of technological equipment at its mill 2000. Continuous pickling line has been linked to the ‘tandem’ mill. All the necessary gear has been put in place.
- 30.03.2011 Russian President Dmitry Medvedev visited Magnitogorsk Iron & Steel Works (MMK) Russian President Dmitry Medvedev chaired a session of the presidential commission for modernization and technological development of Russia’s economy that was held at the headquarters of Magnitogorsk Iron & Steel Works today.
- 25.03.2011 MMK Group completed the sale of Belon energy business Open Joint Stock Company Belon, part of Magnitogorsk Iron & Steel Works Group (MMK), announced it has completed the sale of its energy business including 100 percent shares of Listvyazhnaya Coal Mine and 100 percent shares of Listvyazhnaya Preparation Plant to SDS-Coal Holding Company. The deal totaled USD 280 million.