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... Investing praised the quality of MMK's sustainability reporting (ESG). The ESG Reporting Awards 2021 placed MMK among the top five finalists in the Metallurgy and Mining category.  The ESG Reporting Awards assesses the non-financial reporting of companies in terms of transparency and completeness of disclosure of the environmental, social and governance aspects of their operations. Organised by UK-based media platform ESG Investing, the competition collects, analyses and publishes information ...

In 2022, companies of the MMK Group continued to improve energy efficiency at all stages of their operations. The annual economic effect of the relevant projects is estimated at hundreds of millions of roubles. In 2022, companies of the MMK Group continued ...

... the winners of Competitive Sales Leader 2019 were announced. Among the winners of the award was MMK Trading House which was awarded the nomination of Leader of Import Substitution. Competitive Sales Leader is an annual professional competition for companies involved in corporate and public procurement on electronic trading platforms. The award is organised by B2B-Center. This year, 440 companies from all over Russia entered in the nine categories. Each participant's project was evaluated by a ...

... tonnes per year. The Ecotech Leader award is supported by Russia’s Ministry of Natural Resources and the Environment, the Chamber of Commerce and Industry of the Russian Federation, and the Civic Chamber of the Russian Federation. The award recognises companies for their achievements in the development, integration and promotion of effective environmental and resource-management technologies. This year, the organisers received more than 200 submissions from 50 regions across Russia. MMK was named among ...

PJSC Magnitogorsk Iron and Steel Works ("MMK" or "the Company”, ticker: MMK:LI) announces that on 8 November 2017 its Board of Directors recommended that the Extraordinary General Meeting of shareholders scheduled for 8 December 2017 approve a dividend of RUB 1.111 (before taxes) per share, representing a total of approximately USD 214 mln at the current exchange rate, for the first nine months of 2017 on MMK’s issued ordinary registered shares. To determine the recommended total amount...

.... At the end of 2019, MMK's efforts to expand deliveries to manufacturers of automotive equipment and components allowed the Company to increase its figures again, resulting in sales of more than 650 thousand tonnes, including 605 thousand tonnes to companies in Russia (8% more than in 2018) and 53 thousand tonnes to countries in the CIS (37% more than in 2018). The share of the automotive industry in the total volume of MMK's deliveries to the Russian market in 2019 was 7.3%. Working with the automotive ...

... policy approved in August 2016, which provides for payment in the form of dividends of no less than 30% of free cash flow. The dividend will be paid in cash form within the time limits and in the manner stated by the Federal Law "On Joint-Stock Companies". The dividend record date is set as the close of trading on 11 October 2016. Notes for editors: MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large ...

..., UAZ and Volkswagen. MMK is a leading supplier of steel products from ferrous metals to automobile plants and related enterprises that produce automotive components. The company supplies cold-rolled and hot-dip galvanised steel to all major Russian companies in the industry, as well as to foreign automakers localising their capacities in Russia. At the same time, MMK’s share within the structure of metal consumption in many enterprises of the automotive industry reaches 50-80%. An important step ...

Magnitogorsk Iron and Steel Works Group (MMK Group) supplied more than 1.7 million tonnes of coated steel to the Russian market in 2023 – the highest annual amount in the Company’s history – including 1.2 million tonnes of hot-dip galvanised steel and 0.5 million tonnes of painted steel. The domestic market accounted for 91% of the Company’s total order book. Ivan Radyukevich, MMK’s Russia Sales Director, announced these figures in his remarks at the 19 th International Conference “Galvanised and...

... of the date of decision), which amounts to 59% of free cash flow under IFRS for Q3 2017, and secures 2.5% dividend yield. The dividend will be paid in cash by bank transfer within the period and in the manner stated by the Federal Law on Joint-Stock Companies. The dividend record date is set as the close of trading on 19 December 2017. About MMK MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel-producing ...