Magnitogorsk metallurgic plant MMK

In the first 9 months, MMK’s profit under IAS fell by 10%

In the first 9 months of 2017, the proceeds of MMK under IAS increased by 37.2% compared to the level of the previous year.

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MMK: over this year, domestic steel demand to improve by 3.5%

According to MMK’s assessment, the consumption of rolled steel in Russia for 2017 will make up about 41 million tons that is by 3.5% more than in 2016, the Prime reports with reference to the

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MMK aimed at quarterly payment of dividends

On October 16, 2017, the MMK’s Board of Directors decided to convene an extraordinary general meeting of MMK’s shareholders in absentia and approved an agenda of the extraordinary gener

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MMK saves 414 million rubles thanks to rationalization

More than 2,600 ideas have been translated into life.

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In the first 9 months of 2017, MMK increased steel production

In the first nine months of 2017, total steel production of MMK was 9.569 million tons, which is by 1.9% more than in the previous year.

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MMK may lose 1% of EBITDA after introduction of duties by European Commission

The European Commission decided to impose an anti-dumping duty on hot-rolled steel from Russia.

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EU sets duties on hot-rolled metal import from Brazil, Iran, Russian and the Ukraine

The European Commission has established the size of the final anti-dumping duty on certain types of hot-rolled flat products manufactured by metallurgical enterprises in Brazil, Iran, Russia and th

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MMK’s shareholders approve dividends for H1 in the amount of $164 mln

MMK’s shareholders have approved the payment of dividends for the first six months of 2017 at the rate of 0.869 rubles per common share (about $164 million at the exchange rate at the end of

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MMK certifies reinforcing bars according to Belarusian standards

The Magnitogorsk Iron and Steel Works MMK has completed the certification procedure for reinforcing bars with the certification body of the Republic of Belarus BelStandartCenter, the press service

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MMK may buy Lysva metallurgical plant

Russian metallurgical companies have returned to the M&A transactions phase, buying up distressed assets for their debts.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

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