Magnitogorsk metallurgic plant MMK

MMK ships record amount of long products

In May 2019, the Magnitogorsk metallurgical plant shipped to consumers 181.07 thousand tons of long products, which is the maximum monthly indicator of the shipment of this type of products since t

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Interview with general director of MMK

MMK’s general director Pavel Shilyaev has told the TASS about implementation of the company's investment program, plans to develop online trading and increase share of products with high

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MMK: share of HVA products to reach 50% by 2022

Over the next three years, the Magnitogorsk Iron and Steel Works (MMK) expects to increase the share of high value-added products (HVA) to 50%.

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Demand for MMK's eurobonds exceeds $ 2.2 billion

The Magnitogorsk Iron and Steel Works placed 5-year Eurobonds for $500 million. The coupon rate was set at 4.375% per annum.

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MMK to launch hot-rolled steel production facilities in Turkey not earlier than 2021

As the general director of the plant, Pavel Shilyaev, said, Turkey continues to see a decline in demand for rolled stock.

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MMK save 1.5 billion rubles using digital model of coal supply and consumption

In 2018, the Magnitogorsk Iron and Steel Works saved over 500 million rubles thanks to the use of a mathematical model of optimizing the purchase and consumption of coal raw materials.

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MMK places 5-year Eurobonds for $500 mln

The Magnitogorsk metallurgical plant has opened a book of applications for five-year Eurobonds denominated in dollars.

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MMK plans to save supplies of pipe products to Russia at the level of 2018

During 2018, Magnitogorsk metallurgical plant shipped 3.3 million tons of hot rolled steel to the Russian market.

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Lysva Metallurgical Plant plans to increase production by 20%

During 2019, the Lysva Metallurgical Plant (LMZ, a company of the MMK group) expects to produce up to 0.3 million tons of products.

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Shareholders positively assess results of work and strategic plans of MMK

The past, 2018, year was the third in the implementation of the Strategic Development Plan of the PJSC Magnitogorsk Metallurgical Plant Group (Magnitogorsk, Chelyabinsk Region) for the period up to

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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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