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MMK Trading House (TD MMK) celebrated its 10th anniversary on 6 November 2018. Over the past few years, the company has increased metal sales in Russia and Kazakhstan to 1.5 million tonnes. TD MMK’s main task is to sell metal produced by Magnitogorsk Iron and Steel Works and other MMK Group’s enterprises (MMK METIZ, Lysvensky Metallurgical Plant) from warehouses located in Russia and Kazakhstan. The company plays an important role in MMK’s sales structure, reducing consumer wait times, as well...

... Mill 2500: The Second Birth and the series of virtual tours “Victory Route” . The annual Best Corporate Video competition, hosted by AKMR and MediaBusiness publishing house, celebrates the most informative and impressive videos shot by Russian companies to promote their own brand or product. In 2021, MMK was among the competition's winners. The first of MMK’s prize-winning video was Mill 2500: The Second Birth, which explores one of MMK's key projects in 2020, the relaunch of hot rolling ...

OJSC Magnitogorsk Iron and Steel Works ("MMK" or "the Company”) announces that the Board of Directors has ratified the new edition of MMK’s dividend policy. The policy provides for (1) payment in the form of dividends, as a rule, of no less than 30% of free cash flow, calculated on the basis of MMK’s consolidated annual financial statements in accordance with IFRS; and (2) payment, as a rule, of interim (half-year) and full-year dividends. The Board of Directors also called...

... departmental activities at an even higher-professional level in terms of transparency and efficiency. “In particular whilst being at the Skolkovo Institute of Science and Technology, my colleagues from MMK were very interested in interacting with start-up companies, getting to understand the processes of starting up and supporting innovative companies, using the Skolkovo Innovation Centre facilities and discussing the use of machine learning and artificial intelligence.” Georgy Larin, Head of MMK’s ...

... 8th All-Russia Conference “Steel Pipes: Production and Regional Sales” by Andrei Golitsin, the senior manager of the regional sales group of PJSC MMK. According to him, last year, MMK delivered about 1.9 million tonnes of steel to the Russian pipe companies, about 60% of all shipments of hot-rolled steel in the Russia. The main consumers of such MMK metal include Chelyabinsk Tube Rolling Plant, Seversky Pipe Plant, Volzhsky Pipe Plant (part of the Pipe Metallurgical Company), Almetyevsky Pipe ...

... contribution. As Yaroslava Vrubel said, an educational course for a wide audience was developed in 2021, and a second group of students should start the course this autumn. Participants of the forum, which included representatives from Russia’s largest companies, discussed the role of business in empowering the regions where they operate and promoting a culture of social engagement, cooperation between business and public environmental associations in creating tools for raising awareness about the environment,...

PJSC Magnitogorsk Iron & Steel Works (MMK) has received an international Energy Management Insight Award for energy conservation and improving energy efficiency in its production in accordance with the ISO 50001 standard. PJSC Magnitogorsk Iron & Steel Works (MMK) has received an international Energy Management Insight Award for energy conservation and improving energy efficiency in its production in accordance with the ISO 50001 standard. The award recognises MMK for its leadership in energy...

OJSC Magnitogorsk Iron and Steel Works ("MMK" or “the Company”) announces that today, 26 May 2017, it held its Annual General Meeting of Shareholders (AGM) in Magnitogorsk. The AGM approved MMK's annual report and financial statements for FY 2016 and decided to pay a dividend for the 2016 financial year of RUB 1.242 per common share of issued stock (incl. tax). Earlier shareholders were paid interim dividends for H1 2016 of RUB 0.72 per common share (incl. tax). The AGM elected MMK’s...

... receiving the status of a Gold employer. Magnitogorsk Iron and Steel Works (MMK) took one of the leading positions in the latest ranking of the country’s best employers by Russian Forbes, receiving the status of a Gold employer. Forbes evaluated companies according to the main elements of the ESG agenda: environment, employees and society, and corporate governance. MMK took leading positions across all parameters and was awarded the highest, Platinum rating for corporate governance. "MMK’s ...

The first stage of the modernisation of the sandwich-panel production line was completed at the MMK Trading House production site in Shelkovo (the Moscow Region). At the beginning of August, together with representatives of the Italian company “MAGMA”, specialists from the company commissioned a new glue system. This equipment improves the quality of the gluing process, allowing production at world-level standards. In addition, modernisation of the production line will lead to an increase in labour...