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The total economic effect from the implementation of projects to improve the energy efficiency of production processes at the Magnitogorsk Iron and Steel Works in 2017 amounted to about 1 billion rubles.

Magnitogorsk Iron and Steel Works (MMK) operated its coated steel facilities at maximum capacity utilisation in 2017. As a result, MMK once again confirmed its status as the leading producer of this product in Russia.

In 2017, MMK Group put aside 2.24 bln rubles for charity and for the development of social initiatives and projects – a 4% increase compared to last year.

2017 marked a number of significant production achievements for Magnitogorsk Iron and Steel Works.

UzBuild-2018, an international construction exhibition in which Magnitogorsk Iron & Steel Works is participating, gets underway today in Tashkent.

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.