Magnitogorsk metallurgic plant MMK

MMK plans to hold Eurobond road show in US dollars from May 30

From May 30 the Magnitogorsk Iron and Steel Works (MMK) plans to hold meetings with investors on the possible placement of Eurobonds denominated in US dollars.

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Metallurgical companies don’t tend to overestimate impact of national projects on demand

Severstal, which along with MMK VTB Capital’s analysts considered the main beneficiary on the steel market from implementation of national projects, in response really increased its forecast

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Turkey not to protect itself from Russian steel

Turkey, the largest export market for Russian steelmakers, has decided not to introduce special protective measures against supply of steel products from Russia.

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Zagorsky pipe plant develops cooperation with MMK

The first meeting of Coordination Council of Zagorsky pipe plant and MMK has taken place in Magnitogorsk, in its course the parties summed up results of their work over the past year and discussed

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MMK invests more than 58 billion rubles in ecology over 18 years

The expenses of the Magnitogorsk Metallurgical Plant (MMK) on environmental activities in 2000–2018 exceeded 58 billion rubles including 9 billion rubles last year alone, the company’s

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MMK: in Q1, steel production slightly decreased

In January-March 2019, MMK smelted 3.107 million tons of steel. The decline compared to the previous quarter made up 0.2%, compared to the previous year - 1.3%.

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Fitch assigns Severstal, NLMK and MMK rating BBB with stable outlook

The international rating agency Fitch has assigned Severstal, NLMK and MMK a long-term default rating of the issuer at the BBB level. The outlook on the rating is stable, the agency reports.

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Oil can end the quarter with the strongest growth since 2009.

Following the results of the auction on March 28, the MosBirzh index rose by 0.2% to 2,492.40 p., while the RTS rose by 0.01% to 1,207.31 p.

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In 2018 MMK sells nearly 1.8 million tons of long products.

In 2018 the Magnitogorsk Iron and Steel Works sold nearly 1.8 million tons of long products, of which 98% was sent to the domestic market, including the CIS countries, the press service of the ente

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MMK increases supply to domestic market to over 9 mln tons

In 2018, shipment of commercial metal products of Magnitogorsk metallurgical plant to the domestic market, including the CIS countries, amounted to 9.029 million tons, which is by almost 6% more th

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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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