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PJSC Magnitogorsk Iron & Steel Works (MMK) is implementing an anti-corruption compliance system. PJSC Magnitogorsk Iron & Steel Works (MMK) is implementing an anti-corruption compliance system. In corporate management, compliance refers to the part of the management and supervisory system related to compliance risks, including risks associated with non-compliance and breaches of legislation, rules and regulations, as well as with norms and standards of supervisory bodies, industry associations...

Victor Rashnikov, Chairman of the Board of Directors of PJSC Magnitogorsk Iron and Steel Works (MMK), became a winner of the award 'Director of the Year', awarded within the framework of the eponymous national award at the end of the 2017-2018 corporate year. Victor Rashnikov was awarded this title in the nomination '25 Best Chairmen of Board of Directors' at the decision of the expert panel of the 'Director of the Year' award. The award was established in 2006 by the Association of Independent...

In 2018, MMK Group's financial contributions to charitable causes and new social programmes increased by 11% compared to the previous year, reaching nearly RUB 2.5 billion. MMK allocated over RUB 1.6 billion to charitable and social projects. A key aspect of MMK’s and the Group subsidiaries’ social programmes is the encouragement of social activities aimed at improving the health of employees. In 2018, MMK Group allocated around RUB 425 million to employee medical treatment and programmes, half...

Magnitogorsk Iron and Steel Works (MMK) has launched a warehouse inventory system for its coal and iron ore processing facilities using state-of-the art drones. Magnitogorsk Iron and Steel Works (MMK) has launched a warehouse inventory system for its coal and iron ore processing facilities using state-of-the art drones. They are able to scan the plant’s stockpiles containing more than one million tonnes of coal and iron ore within several hours, eliminating the need for traditional surveying and...

... International Conference entitled "Galvanised and Coated Steel Products: Production and Consumption Trends", held March 18-19, 2021, was attended by managers and specialists from plants and businesses producing coated steels, metal trading companies and service metal centres engaged in processing and supplying products from galvanised and coated steel producers; equipment suppliers, consumers of these products, as well as representatives from related industries. Among the key topics discussed ...

... position as the largest supplier of galvanized and colour-coated steel in the Russian market. In addition, MMK was ranked among the top five producers of long products in the second half of 2021 by Metal Supply & Sales magazine. Two more MMK Group companies are also in the ranking: MMK-METIZ Magnitogorsk Metalware Plant was ranked second in the list of best manufacturers of metal products, and MMK Trading House was ranked fourth among the best steel mill trading houses. The ranking of Russia's ...

OJSC Magnitogorsk Iron and Steel Works ("MMK" or “Company”) announces that it is taking part in two recognised international forums — METEC 2015 international metallurgical trade fair, and Astana Mining & Metallurgy 2015 exhibition in Kazakhstan. MMK’s stands will showcase the extensive range of products and technical capabilities of one of Russia’s largest metal producers. In particular, they will highlight flat and long rolled products, HVA products including...

Magnitogorsk Iron and Steel Works (MMK) allocated more than RUB 19 billion for environmental activities last year, including RUB 15 billion for the construction of permanent environmental facilities. Magnitogorsk Iron and Steel Works (MMK) allocated more than RUB 19 billion for environmental activities last year, including RUB 15 billion for the construction of permanent environmental facilities. The Company carried out 46 projects during the year to mitigate or prevent a negative impact on the...

Pavel Shilyaev, MMK CEO, announced this figure at an extended conference in Magnitogorsk entitled "MMK on its way to Digitalisation". The event was held in person and remotely. Among the conference’s in-person participants were the Company's top management, heads of structural divisions and representatives of the customer divisions of digital developments. All MMK employees with an interest in the development of digital technologies at the Company were able to join the event via Zoom...

... German museum bureau Atelier Brueckner, and the interactive exhibition developer Huettinger. The project team is certain that this combination of international and Russian expertise, bringing together the various strengths of each of the consortium’s companies, will serve to create one of the finest, world-class museums. Alexey Sergeev, CEO of Ascreen, said: ““Prityazheniye” is a unique project not only for the region but for the entire country. It will be a city within a city. We have an ambitious ...