A ceremony dedicated to the shipment of the first batch of large-diameter pipes for the construction of Nord Stream 2 gas pipeline was held in Chelyabinsk. Ceremony was attended by the governor of the Chelyabinsk Region Boris Dubrovsky.

  OJSC Magnitogorsk Iron and Steel Works ("MMK") Group, under its approved Environmental Programme, plans to complete approximately 100 environmental initiatives aimed at reducing and mitigating the Company’s environmental impact in 2016. MMK Group’s total investments in the Environmental Programme in 2016 are estimated at around RUB 3.22 bln.

Magnitogorsk Iron & Steel works (LSE: MMK) will announce its IFRS results for Q2 and 1H 2016 ended June 30, 2016, on Friday, August 05, 2016.

Today the Baltic Shipyard in St Petersburg (part of United Shipbuilding Corporation) laid the keel of Ural, Project 22220’s second series-produced nuclear icebreaker. The icebreaker’s body is to be built entirely from shipbuilding steel supplied by OJSC Magnitogorsk Iron and Steel Works ("MMK").

OJSC Magnitogorsk Iron and Steel Works ("MMK" or "the Company") announces that it has repaid in full and ahead of schedule investment loans it raised to fund construction of its steel plant in Turkey. As a result, MMK Group’s total debt was reduced by USD 403 million.

OJSC Magnitogorsk Iron and Steel Works ("MMK" or "the Company") announces that a recommendation service, developed by Yandex Data Factory specifically for MMK, has completed tests at the mill’s oxygen converter plant and was brought into pilot production in late June – early July 2016.