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Magnitogorsk metalware and calibration plant MMK-METIZ, part of MMK Group, launches a new complex for the production of wires and cables.  The first phase of the complex for the production of high-carbon wires and steel cables, which was commissioned on the Day of the Metallurgist, includes new thermal pickling units, drawing mills, and spinning and cable machines from European producers. The total production volume will be more than 43 thousand tonnes per year. The launch of this complex worth...

Magnitogorsk Iron and Steel Works (MMK) invested over RUB 58 bln in environmental activities from 2000-2018, including RUB 9 bln in the last year alone, according to the Company's environmental report , published on its official website. The report was prepared in order to inform all stakeholders about the Company's efforts in the field of environmental safety. The report reflects the main principles of MMK's environmental policy, the results of environmental activities for the period from 2000...

OJSC Magnitogorsk Iron and Steel Works ("MMK", or "the Company") (LSE: MMK) announces that MMK Board of Directors held a meeting on 21 April 2017. The Board of Directors recommended that the General Meeting of Shareholders should pay dividends on the basis of MMK’s consolidated annual financial statements for 2016 on OJSC MMK’s issued ordinary registered shares of RUB 1.242 (including taxes) per share, and proposed a dividend record date of close of trading on 6 June 2017....

... its project to optimise categorical purchases using online stores. The competition was held within the framework of the VII Congress of the League of Professional Buyers, held in Armenia. Representatives of twenty of the largest Russian customer companies, including MMK, Rosnano, Rostelecom and NPO Energomash, gathered in Yerevan. This was the first time such a competition among procurement professions was organised by the League. The jury evaluated case presentations of procurement projects ...

... Department (ATU LLC, part of MMK Group) is developing the use of gas-engine fuel based on liquefied natural gas (LNG) technology. Today, 10 of the Company's KAMAZ trucks already run on LNG to transport cargo. ATU LLC is one of the largest transportation companies in the South Urals. The Company has a fleet of around 2000 units of machinery, approximately half of which are KAMAZ trucks. Since July of this year, ATU LLC has been performing test operations with the KAMAZ-65115 dump truck. The results from ...

Magnitogorsk Iron and Steel Works (MMK) has begun operating a new project management system called Evolution, a digital product based on the Visary Project platform that enables the Company to manage an unlimited number of projects, programmes and portfolios at the same time. Magnitogorsk Iron and Steel Works (MMK) has begun operating a new project management system called Evolution, a digital product based on the Visary Project platform that enables the Company to manage an unlimited number of...

... associated with the coronavirus pandemic, Magnitogorsk Iron and Steel Works (MMK) sold 7.43 million tonnes of steel products on the Russian market last year, in line with usual figures. About 30% (2.39 million tonnes) of this was sold to metal trading companies. Dmitry Cherepanov, Deputy Sales Director of MMK Trading House, announced these figures while speaking at the Regional Metal Trade Russia conference. Dmitry Cherepanov added that, in 2020, metal product market participants were forced to ...

... manufacturers of electrical engineering. The assortment supplied by ETM meets the needs of tens of thousands of customers: including industrial enterprises, manufacturers of switchboard equipment, infrastructure enterprises, electrical and construction companies, private installers, retail stores and DIY chains, designers and individuals. ETM is constantly working to improve customer interaction through launching new product lines, creating new services and expanding the geography of its presence. Investor ...

... dividend on MMK’s issued ordinary registered shares of RUB 1.589 (incl. tax) per share for the second quarter of 2018. 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 9 October 2018. 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 ...

OJSC Magnitogorsk Iron and Steel Works ("MMK" or "the Company") announces that representatives of DAIMLER KAMAZ RUS (DK RUS) have completed their first technical audit of MMK’s metal products in Magnitogorsk. During the audit, the German specialists reviewed MMK’s production processes and the specifications of the Company’s metal, primarily at its cold-rolling, hot-dip galvanizing and pickling facilities. Currently, DK RUS – a joint-venture between Daimler...