MMK Magnitogorsk Iron & Steel Works (GDR)

PJSC Magnitogorsk Iron and Steel Works: MMK online. Fireside chat with the leadership team.

PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: MMK online. Fireside chat with the leadership team.

04-Dec-2020 / 12:38 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Save the date:

MMK online.

Fireside chat with the leadership team

 

04 december 2020

Magnitogorsk, Russia

 

 

PJSC MMK ("MMK", or "the Group") (MICEX-RTS: MAGN; LSE: MMK), one of the world's largest steel producers, is pleased to invite the investment community to join «MMK online. Fireside chat with the leadership team» on the 8 December 2020.

Chairman of the Board of Directors Victor Rashnikov and CEO Pavel Shilyaev will discuss the main steel market trends in Russia and the world, key risks and drivers behind the growth in steel consumption, as well as MMK's strategic priorities and goals up to 2025.

The event will take place via online video conference on 8 December 2020 at 5:00 pm Moscow time (2:00 pm London time, 10:00 am New York time).

Please register to the event by following the link:

 

  • Date:
    8 December 2020

 

  • Time:
    17:00 Moscow time
    14:00 London time
    10:00 New York time

 

About MMK

MMK is one of the world's largest steel producers and a leading Russian metals company. The Group's operations in Russia include a large steel-producing unit encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2019, MMK produced 12.5 mln tonnes of crude steel and 11.3 mln tonnes of commercial steel products.

ММК is an industry leader in terms of production costs and margin. MMK Group had revenue in 2019 of USD 7,566 mln and EBITDA of USD 1,797 mln. MMK's debt load is the lowest for the industry. Net debt/EBITDA ratio was -0.13х at the end of 2019. The Group's investment-grade rating is confirmed by the leading global rating agencies Fitch, Moody's, S&P.

MMK's ordinary shares are traded on Moscow Exchange, while its depositary receipts are traded on the London Stock Exchange. Free float amounts to 15.7%.

Subscribe to our , to be the first to know about key MMK news.

 

 

INVESTOR RELATIONS DEPARTMENT

Veronika Kryachko

 

ESG DEPARTMENT

Yaroslava Vrubel

 

COMMUNICATIONS DEPARTMENT

Dmitry Kuchumov
+7 985 219 2874

Oleg Egorov
+7 903 971 8837

 

KEY UPCOMING EVENTS IN 2020

 

4 December

Wood & Co EMEA virtual conference

8 December

MMK online. Fireside chat with the leadership team.

 

 

 

 

 

 

ISIN: US5591892048
Category Code: MSCM
TIDM: MMK
LEI Code: 253400XSJ4C01YMCXG44
Sequence No.: 89073
EQS News ID: 1152882

 
End of Announcement EQS News Service

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04/12/2020

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MMKMagnitogorsk Iron & Steel Works (GDR)

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