MMK’s investment programme to add USD 686 mln to EBITDA per year
Implementation of Magnitogorsk Iron and Steel Works’ (MMK) investment strategy from 2015-2025 should add USD 686 mln to the Company’s EBITDA per year. This was announced by MMK’s top management team at the Company’s Capital Markets Day held in London on Friday, 15 November 2019.
At the event, MMK’s Chairman of the Board of Directors Viсtor Rashnikov, CEO Pavel Shilyaev, Independent member of the Board of Directors Tav Morgan, and CFO Andrey Eremin held a presentation for international investors...