Magnitogorsk metallurgic plant MMK

MMK to spend more than 13 billion rubles on environmental programs

June 5 is the World environment day (in Russia - Ecologist's Day).

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According to BCG, MMK is one of three most profitable steel companies in the world for shareholders over the past five years

Magnitogorsk metallurgical plant has taken the third place in the Value Creators 2020 rating published by international consulting company BCG.

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Russian steelmakers reduce smelting

The largest Russian steel companies, other than NLMK, showed a year-on-year decline in steel production in the first quarter.

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MMK reduced cast iron production by 1.7% in the first quarter

In the first quarter of 2020, MMK reduced volume of cast iron smelting by 1.7% compared to the first quarter of 2019 due to longer planned repairs

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Standard&Poor's Global Ratings changed MMK's rating outlook to “stable”

Magnitogorsk metallurgical plant has informed that international rating agency Standard&Poor's Global Ratings changed outlook on MMK's

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Russian steelmakers reduce their investment programs

NLMK was the first Russian steel company that announced a review of its investment plans due to the effects of the coronavirus.

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MMK approves new energy policy

By order of general director P. V.

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MMK to reduce production and is preparing to increase exports of rolled products

According to MMK group's expectations, prices for steel products on the Russian market will strive for export parity in the next 2-3 months.

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MMK-METIZ commissions new galvanizing line

Magnitogorsk hardware and calibration plant MMK-METIZ is putting into commercial operation a new line of continuous hot-dip galvanizing of wire wit

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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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