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OJSC MMK announces that a meeting of the MMK Board of Directors was held today, April 24, 2015. The Board preliminary approved the Company’s 2014 Annual Report. The Board recommended that MMK’s AGM scheduled for May 29, 2015 declares no final dividend for FY 2014. Earlier MMK’s extraordinary general meeting (held on December 12, 2014) approved the decision to pay dividends in the amount of RUR 0.58 per common share of the issued stock based on the company performance for 9M...

... leading industry magazine Metal Supply and Sales, in its rating of the best Russian manufacturers and suppliers of metal products for the second half of 2023. In addition, MMK was rated as one of the top three producers of long products. Two MMK Group companies were also included in the magazine’s list of industry leaders: MMK-METIZ placed second in the rating of metalware manufacturers, and MMK Trading House took third place among the top metallurgical trading companies. MMK’s leading position ...

Magnitogorsk Iron and Steel Works once again recognised its most reliable supply chain partners following the results of its sixth Best Supplier competition. The companies were awarded honorary diplomas and commemorative trophies - a sculptural depiction of a handshake as a symbol of strong partnership. Magnitogorsk Iron and Steel Works once again recognised its most reliable supply chain partners following ...

... representatives of TMK's Volga and Northern pipe plants and the Taganrog Metallurgical Plant (TAGMET). MMK Deputy CEO of Sales Sergey Ushakov headed the delegation from Magnitogorsk. The meeting summed up the results of the cooperation between the companies since 2016, and the results of MMK's participation in large-diameter pipe projects implemented by TMK. In 2018, more than half a million tonnes of flat rolled products produced by MMK were shipped to TMK's pipe plants. For the first 9 months ...

... suppliers of hardware products. The speakers raised a wide range of issues related to the current situation in the market of fasteners and discussed trends in the hardware industry, as well as voicing their current predictions and forecasts. Participating companies also presented new products and significant investment programs. Among the main topics of the conference were production and consumption of hardware products in Russia and abroad, requirements for hardware products from consumers in various ...

... (MMK) confirmed its status as the largest supplier in Russia of rolled metal for the production of pipes. At the end of 2018, the Company shipped 3.3 million tonnes of hot-rolled steel to the Russian market, of which more than half was delivered to companies in the pipe industry. MMK's Head of Sales to Pipe Companies Alexander Kadoshnikov made this comment at the 9th All-Russia Conference ‘Steel Pipes: Production and Regional Sales’ held in Rostov. According to him, the pipe industry is one ...

In 2019, MMK's shipments of rolled steel to the domestic market, including the CIS countries, exceeded 9.7 million tonnes – a record for the entire post-Soviet history of the company. The plant set its previous record for shipments to the domestic market in 2014, with 9.588 million tonnes. Over the past 25 years, MMK has consistently increased its presence in the Russian and CIS markets. In 1996-1999, up to two-thirds of total sales were exported to foreign countries, but by the mid-2000s the...

... dialogue, regular meetings and coordination councils allow us to find "bottlenecks" in our work and promptly respond to market demands". "The partnership between MMK and ChelPipe contributes not only to the effective work of our companies which are large Ural enterprises," said Nikolay Lyadov, Deputy General Director for Sales of MMK. "Our joint work, which pays special attention to the issues related to product quality, allows us to properly fulfil the orders of leading ...

During the event, which was timed to coincide with the Company’s Investors Day, Victor Rashnikov, Chairman of the Board of Directors of Magnitogorsk Iron and Steel Works (MMK), and Pavel Shilyaev, MMK CEO, spoke about the main steel market trends in Russia and the world, MMK's preliminary results for 2020 and the Company's strategic goals and priorities up to 2025. They also answered a range of questions from investors and analysts. This year, due to Covid-19 restrictions, the traditional meeting...

The Board of Directors at OJSC Magnitogorsk Iron and Steel Works ("MMK" or “the Company”) on 18 August 2015 passed a resolution to call an Extraordinary General Shareholders’ Meeting (“the EGM”) to vote in absentia on the payment of dividends for Company shares based on the OJSC MMK results for H1 2015. The cut-off date for the acceptance of voting papers is the end of the business day on 28 September 2015. The cut-off date and time for the list of shareholders eligible...