Magnitogorsk metallurgic plant MMK

MMK increases share of supplies to SMC

The development of networks of service metal centers is an inevitable consequence of changes in the structure of consumption of ferrous metals rolled stock by end-users and their specific requireme

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MMK Trading House reaches record level of sales

The MMK Trading House (part of the MMK Group) sold 840 thousand tons of products in the first eight months of 2017, which is by 14% more than in the same period last year.

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MMK’s Board recommends allocating $164 mln to pay dividends for H1

The Board of Directors of the Magnitogorsk metallurgical plant (MMK) has recommended shareholders to pay dividends for the first six months of 2017 at the rate of 0.869 rubles per share, the compan

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Quarterly profit of MMK-Metiz increased to 444.6 million rubles

OJSC MMK-Metiz (Chelyabinsk Region, Magnitogorsk, a subsidiary of OJSC MMK) posted a net profit of RUB 444.6 million in the second quarter of 2017, which is 1.8 times more than In the previous quar

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MMK increased its net profit in H1

In the first six months of 2017, Magnitogorsk metallurgical plant increased its net profit under IAS by 10.7% to $538 million compared to the same period of the previous year, the company reports.<

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ММК to upgrade oxygen converters

The Magnitogorsk Metallurgical Plant will update the converters in the oxygen-converter shop. The project, according to plans, is to be completed by the end of this year.

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MMK-METIZ: no less than 2.9 billion rubles will be invested in modernization of production

The Magnitogorsk hardware and calibration plant MMK-METIZ is realizing the project on modernization of hardware products manufacturing.

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Fitch raises rating of MMK to “BBB-” with stable outlook

The international rating agency Fitch Ratings has upgraded the MMK's long-term issuer default rating to “BBB-“ from “BB +” with a “stable” outlook.

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MMK reconstructs gas cleaning system for 1.6 billion rubles

In the electric steel smelting shop, MMK completed the reconstruction of two gas purification plants: obsolete wet-type equipment No. 32 and No. 33 was replaced by a modern dry type.

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Efficiency of introduction of innovations at MMK grows by 20%

In January-May 2016, the effect of the introduction of rationalization proposals at MMK amounted to 214.5 million rubles, which is by 20% more than in the same period of the previous year, the comp

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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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