MMK has been named the best Russian employer by Forbes. The company was one of the 4 Russian companies to enter top-500 of the World’s Best Employers rating, occupying the 214th position. “Retaining the leading positions on the world metal market and demonstrating the considerable industrial dynamics, MMK has among its priorities the social responsibility”,…
In January-September MMK increased steel output by 1.9% YoY, to 9.569 million tons. Pig iron manufacture grew by 3.1%, to 7.509 million tons. Sales went up by 1.2%, to 8.759 million tons. In 2016 MMK produced 12.5 million tons of steel, up by 2.5% YoY. (Ukrainian metal)
MMK Trading House LLC is expanding the sales of its sections for major construction projects. In August the company supplied profiled sheeting for the construction of the TMK scientific-technical center in Skolkovo, as well as delivered galvanized sheeting to a number of cattle-breeding projects under construction in the Central region. The volume of the delivery…
On September 29 MMK hosted an extraordinary meeting of its shareholders. By the majority of votes it was decided to pay dividends for the first half year in the amount of 0.869 rubles per ordinary share (some $164 million). This equals to 75% of the free fund flow of the company in H1, which exceeds…
MMK has finished certification of its rebars by the BelStandartCentr. This certification center carries out independent estimation of manufacture and product quality correspondence to Belarus standards and norms. As the result of the certification BelStandartCentr has confirmed the correspondence of MMK rebars to the TP 2009/13/BY “Buildings and structures, construction materials and wares. Safety”, as…
MMK is preparing to purchase Lysva Iron and Steel Works. According to a source, the parties have signed preliminary documents and MMK has applied to the Federal Antimonopoly Service. The Service confirmed the receipt of the documents on August 17, but prolonged their reviewing to study the competition environment. MMK says it is regularly monitoring…
MMK has developed and implemented a new technique to produce rolled sheet with the Arc index to be used in the Arctic region. The metal will be used in constructing ships to sail in the North, as well as engineering machines to be used there. MMK metal can be used at the temperature of –70…
MMK has once again entered the first ten of the Russian fuel-energy and metal industry environment ratings in H1 2017. The company occupied the 10th position among other 33 companies, thus retaining its results of the previous half year and being the only metal company to get to the top ten. Among MMK environment initiatives…