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PJSC Magnitogorsk Iron & Steel Works' (MMK) is pleased to announce that on April 8^th, 2019 rating agency Fitch Ratings upgraded Company’s Long-Term Issuer Default Rating to 'BBB' from 'BBB-' with Stable Outlook.

Magnitogorsk Iron and Steel Works (MMK) has been awarded several medals and certificates at the 22nd Archimedes Moscow International Salon of Inventions and Innovative Technologies, which took place in late March.

Magnitogorsk Iron and Steel Works (MMK) has successfully adopted a new corporate information system (CIS) based on Oracle e-Business Suite v.12 technology as of 1 April 2019.

In 2018, Magnitogorsk Iron and Steel Works (MMK) contributed a total of RUB 8.967 bln to environmental causes, up 27% as compared to 2017.

Magnitogorsk Iron and Steel Works (MMK) plans to begin the reconstruction of blast furnace No. 2 in 2020, in line with its modernisation plans. MMK plans to radically modernise the unit, significantly reducing its environmental impact.

It has been three years since the commissioning of the polymer-coating unit No. 5 at the Lysvensky Metallurgical Plant, which currently manufactures products with decorative designs under the SteelArt brand.

Magnitogorsk Iron and Steel Works (MMK) sold around 1.8 mln tonnes of long products in 2018, of which 98% were shipped to the domestic market including CIS countries.

Magnitogorsk Iron and Steel Works (MMK) is taking part in the 22nd Archimedes Moscow International Salon of Inventions and Innovative Technologies which is already underway.

UiPath, the creator of a leading RPA (Robotic Process Automation) platform, identified the achievements of MMK Group in the field of software robotics.

MMK Trading House is now among the top 1,000 most successful Russian suppliers, according to the electronic trading platform B2B Center. The study was conducted with 406,000 companies.