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7 october ‘21
MMK’S SOCIAL PROJECTS RATED AMONG BEST IN RUSSIA
... published the “Social responsibility rating of major Russian PJSC – 2021”, assessing the effectiveness of social projects of large businesses in the country. Magnitogorsk Iron & Steel Works demonstrated the best results among ferrous metallurgy companies. The company was especially commended for its aid to the city of Magnitogorsk during the heat of the coronavirus pandemic: MMK got top scores for “social projects effectiveness” in the first year of the pandemic (April 2020 – April 2021)....
23 march ‘20
Impact of COVID-19 on MMK Group's performance and measures taken by the Company in response to its spread
A high-alert mode has been introduced on the territory of MMK Group enterprises, and special headquarters have been established under the leadership of the Company CEO. The Group is taking active measures to prevent the spread and reduce the risk of the coronavirus infection. During the current adverse conditions, the Company has suspended foreign business trips for employees and restricted business trips within Russia. The Company recommends that employees who visited territories with active...
3 march ‘20
Date of Annual General Meeting and Q4 2019 Dividend Record Date
PJSC Magnitogorsk Iron & Steel Works' ("MMK", or "the Company") (MICEX-RTS: MAGN; LSE: MMK), one of the world’s largest steel producers, is pleased to announce that the MMK Board of Directors held a meeting on 28 February 2020. The Board approved 29 May 2020 as the date for the Annual General Meeting (“AGM”) of the Company shareholders. The cut-off date for inclusion in the shareholder register for the AGM is 6 May 2020 at the close of trading on the London Stock Exchange...
2 november ‘22
MMK to Discuss 2022 Digitalisation Results, Reward Top Projects and People
The second corporate conference of PJSC Magnitogorsk Iron & Steel Works (“MMK” or “the Company”), entitled ‘MMK on the Road to Digitalisation’, will review the Company’s digital transformation over the past year and celebrate the best implemented projects and key participants in the Company’s digitalisation strategy. The second corporate conference of PJSC Magnitogorsk Iron & Steel Works (“MMK” or “the Company”), entitled ‘MMK on the Road to Digitalisation’, will review the Company’s digital transformation...
22 february ‘23
MMK Trading House Increases Sales and Plans Regional Expansion
... "Project of the Year" organized by Global CIO in the category of "Best Industry Solution" in the metallurgy/continuous production/mining group. Additionally, MMK Trading House was also recognized as the best federal sales network among steel companies in the competition of the Russian Union of Metal Suppliers. The company’s steel depots and steel service centers were also lauded.
30 october ‘18
MMK recognised among winners of Leader of Competitive Purchases award
Magnitogorsk Iron and Steel Works (MMK) has been recognised among the winners of the Russian Leader of Competitive Purchases award. The company was presented with a prize for the best project in the modernisation of procurement business processes. 188 companies representing all sectors of the Russian economy were considered for the award. The winners were chosen by a public committee of 70 independent experts. This year, MMK submitted a project titled “Transformation of the procurement system with ...
11 december ‘19
Standard & Poor’s Global Ratings revises MMK outlook to positive
PJSC Magnitogorsk Iron & Steel Works' ("MMK", or "the Company") (MICEX-RTS: MAGN; LSE: MMK), one of the world’s largest steel producers, is pleased to announce that Standard & Poor’s Global Ratings has revised MMK outlook from stable to positive and affirmed the rating at 'BBB-'. The outlook revision reflects robust performance of Russian steel producers at the environment of global steel industry downturn. The solid performance is backed by low production cost and stable demand...
11 february ‘11
Decisions of MMK Board of Directors
On February 11, 2011 the Board of Directors of MMK decided on the date of the annual general shareholders' meeting - May 20, 2011. The Board of Directors of MMK approved of the following agenda for the General Shareholders' meeting: 1. Approval of the Company's 2010 annual report; annual financial statements, including statement of profit and losses; allocation of profit, including dividend payment (declaration), and losses for the financial year 2010 2. Approval of amended Charter of MMK 3....
23 december ‘22
MMK Launches Corporate Analytics Portal
Magnitogorsk Iron and Steel Works (MMK) has launched an information system that can display more than 200 different indicators related to the Company’s operations – from raw material stocks in warehouses to social issues and environmental monitoring, as well as a separate section that contains information related to the Company’s contracts. Magnitogorsk Iron and Steel Works (MMK) has launched an information system that can display more than 200 different indicators related to the Company’s operations...
8 february ‘18
MMK’s Human Resources Development recognised by Russian Union of Industrialists and Entrepreneurs
Magnitogorsk Iron and Steel Works (“MMK”) has been one of the winners at the Russian Business Leaders: Dynamics and Responsibility competition, which is held every year by the Russian Union of Industrialists and Entrepreneurs (RSPP). The company secured a victory in the category “Development of Human Resources”. The awards ceremony took place in Moscow on 7 February 2018 as part of RSPP’s Russian Business Week. This is not the first time that MMK has received an award for its personnel policy...