Fitch Ratings affirmed MMK’s Long-Term IDR at ‘BBB’ with stable outlook

Fitch commented in a press release: “The rating affirmation reflects the proven resilience of MMK's business profile during the pandemic. Its global cost leadership and strong competitive position on the domestic and export markets have allowed the steel group to maintain high utilisation rates and reduce earnings volatility”.

Investor Relations Department
Veronika Kryachko
tel.: +7 915-380-62-66
E-mail: kryachko.vs@mmk.ru

ESG Department
Yaroslava Vrubel
tel.: +7 982-282-96-82
E-mail: vrubel.ys@mmk.ru

Communication Department
Dmitry Kuchumov
tel.: +7 (499) 238-26-13
E-mail: kuchumov.do@mmk.ru

Oleg Egorov
tel.: +7 (499) 238-26-13
E-mail: egorov.oa@mmk.ru