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MMK Trading House is now among the top 1,000 most successful Russian suppliers, according to the electronic trading platform B2B Center. The study was conducted with 406,000 companies. The list of the most successful Russian suppliers was compiled based on the results of 2018 by a special computer algorithm with a number of different criteria. Among the top 1,000 companies were suppliers with the highest number of tender ...

... to MMK's unified corporate system were United Service Company (which provides a range of maintenance and repair services) and MMK-METIZ (one of the leading Russian manufacturers of hardware products). Within the first months of implementation, these companies were able to more clearly observe and manage production and material flows and top optimize their decision making. “The aim of the project is to create a single information space for MMK Group’s key organizations, to introduce the world's ...

... Labour, as well as various business associations. MMK has already received numerous awards in nationwide and industry specific competitions, which have praised the high standards of personnel policy at MMK, one of the country's leading metallurgical companies. The basis of MMK Group's human resources policy is to employ people with a wide range of competencies and high professional qualifications. Every year the Company is joined by no less than 500 graduates from Magnitogorsk educational institutions....

In the first six months of 2023, MMK Group spent RUB 1.48 billion on social and charitable programmes. The Company’s spending focused mainly on three areas: social benefits and guarantees for employees, the development of the regions where it operates, and the implementation of charitable programmes. In the first six months of 2023, MMK Group spent RUB 1.48 billion on social and charitable programmes. The Company’s spending focused mainly on three areas: social benefits and guarantees for employees...

Magnitogorsk Iron & Steel Works (MMK) (the " Company "; Moscow Exchange ticker: MAGN) announces that Mintha Holding Limited (" Mintha "), whose ultimate beneficiary is Mr. V. Rashnikov, has sold 167,614,950 ordinary shares (the " Resale Shares ") in the Company, representing 1.5% of the issued ordinary share capital of the Company (the " Sale "). The Resale Shares were sold to Goldman Sachs International for resale to investors (the " Resale "). ...

Magnitogorsk Iron & Steel Works (MMK) (the " Company "; Moscow Exchange ticker: MAGN) announces that Mintha Holding Limited (" Mintha "), whose ultimate beneficiary is Mr. V. Rashnikov, has sold 335,229,900 ordinary shares (the " Resale Shares ") in the Company, representing 3% of the issued ordinary share capital of the Company (the " Sale "). The Resale Shares were sold to Goldman Sachs International for resale to investors (the " Resale "). ...

... positioning, machines and mechanisms in hazardous areas, machine vision, mathematical modeling, advanced analytics and more. "It was important for us to create a data centre that reflects MMK's leading position among Russian ferrous metallurgy companies. With the help of this new centre, we plan on increasing the reliability of the company's IT management systems, consolidating our computing power and creating an infrastructural foundation for MMK's digitalisation strategy”, commented Vadim ...

... LADA IZHEVSK also took part in the council. Such events are held on a regular basis - the current coordination council is already the 22nd consecutive event. Twice a year, the heads and specialists of the technical and commercial services of the two companies meet alternately at the buyer and seller's site to discuss topical issues of interaction, to solve important strategic tasks and to determine promising areas of activity. During the working visit, guests visited MMK's production site, in particular ...

... popularise the best practices and achievements in the organisation and distribution of steel products and the best development of warehouse and steel distribution network services in the Russian metals market. The network and regional steel trading companies, the sales department of steel companies, metal base dealers and steel service centres all take part in the competitions. This year 28, service metal centres, 62 metal base companies and 25 steel trading companies entered the competition. The ...

Magnitogorsk Iron & Steel Works announces that it has completed a transaction to acquire 100% of the shares of Lysva Metallurgical Company (LMC Group). LMC Group includes Lysva Metallurgical Company LLC, Lysva Metallurgical Plant CJSC and the Insajur-Autotrade-TL LLC trading company. LMC is Russia’s only producer of electrogalvanised coated rolled products. Its products are used in the automobile, construction and engineering sectors. LMC produces a wide range of coated products, including next...