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Magnitogorskiy Mtallurgchsky KmbntPAO

MAGN.MM

Latest Trade

63.28RUB

Change

-0.26(-0.41%)

Volume

62,857,800

Today's Range

61.67

 - 

63.94

52 Week Range

34.52

 - 

71.88

As of on the Moscow Interbank Currency Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
63.54
Open
63.53
Volume
62,857,800
3M AVG Volume
776.95
Today's High
63.94
Today's Low
61.67
52 Week High
71.88
52 Week Low
34.52
Shares Out (MIL)
11,174.33
Market Cap (MIL)
708,578.00
Forward P/E
4.23
Dividend (Yield %)
6.26

Next Event

Q2 2021 Magnitogorskiy Metallurgicheskiy Kombinat PAO Operations Update

Latest Developments

More

Russia's MMK Selects Danieli Unit For Reline Of Blast Furnace At Magnitogorsk Integrated Steel Works

Russia's MMK And Fortum Sign Agreement To Cooperate On Decarbonisation

MMK's Majority Shareholder Viktor Rashnikov Is Considering Another SPO - IFX

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About Magnitogorskiy Mtallurgchsky KmbntPAO

Magnitogorskiy Metallurgicheskiy Kombinat PAO, formerly Magnitogorskiy metallurgicheskiy kombinat OAO, is a Russia-based company, active in the steel industry. Its main products are sinter, coke, iron, crude steel, rolled products and ore materials. The Company offers a wide range of products such as wire rod, rebars, square bars, strips, round bars, among others. It is also involved in the coal ore mining, processing of ore materials, sale of ferrous metal products and others. Magnitogorskiy metallurgicheskiy kombinat OAO operates as a supplier for such industries as: pipelines, vehicles, railway, construction and shipbuilding, among others. Its subsidiaries include Lys'venskaya Metallurgicheskaya Kompaniya OOO, among others. The Company operates domestically, as well as exports its products to the Commonwealth of Independent States (CIS) countries, Asia, the Middle East and Europe.

Industry

Misc. Fabricated Products

Contact Info

ul. Kirova, 93

455000

Russian Federation

+7.351.9245467

http://www.mmk.ru

Executive Leadership

Viktor Filippovich Rashnikov

Chairman of the Board

Pavel Vladimirovich Shilyaev

Chief Executive Officer, Chairman of the Management Board, Director

Mariya Viktorovna Nikulina

Member of the Management Board, Head of the Department of Financial Resources

Vadim Nikolaevich Feoktistov

Member of the Management Board, Chief IT Specialist

Sergey Viktorovich Shepilov

Member of the Management Board, Chief Legal Officer

Key Stats

1.86 mean rating - 7 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

8.2K

2019

7.6K

2020

6.4K

2021(E)

10.7K
EPS (USD)

2018

0.120

2019

0.080

2020

0.050

2021(E)

0.205
Price To Earnings (TTM)
10.21
Price To Sales (TTM)
1.42
Price To Book (MRQ)
1.96
Price To Cash Flow (TTM)
6.73
Total Debt To Equity (MRQ)
19.29
LT Debt To Equity (MRQ)
11.15
Return on Investment (TTM)
16.32
Return on Equity (TTM)
13.40

Latest News

Latest News

Russia is looking at possible extra tax for steel producers in 2021 - TASS

Russia will decide about whether to impose additional taxes on steel producers this year, TASS news agency reported on Wednesday, citing First Deputy Prime Minister Andrei Belousov.

UPDATE 1-Russia discusses buying metals for state stockpile - ministry

Russia's industry ministry has held preliminary discussions with metals producers about buying their products for the state stockpile, the ministry said in a statement on Tuesday.

UPDATE 1-Russian metals firms may face $1.4 bln in extra tax, shares fall

* Steel producers plan to boost H1 tax payments (Adds comment by the Kremlin, share reaction in steel producers)

Russia examines tax levels for metals producers

The Russian government is looking at the balance between profits made by its metals producers and the taxes they pay, Kremlin spokesman Dmitry Peskov told reporters on Monday.

Russian metals firms may face $1.4 bln in extra tax 'for screwing state' - RBC

Russian metals producers may face a demand to pay 100 billion roubles ($1.4 billion) in additional tax to the government for 'screwing the state', First Deputy Prime Minister Andrei Belousov said in an interview to Russia's RBC TV.

UPDATE 2-Russian metal, fertiliser, other firms should invest more at home - Putin

* Tax service to monitor investment activity of largest firms

Russian lawmakers give initial nod to hefty tax hike for mining, oil

Russian lawmakers on Tuesday supported a plan to increase taxes for some mining and oil companies, as Moscow seeks to plug the gaps left by lower oil prices and the COVID-19 pandemic, while facing industry opposition and criticism of its changing rules.

Russian metals and mining firms reduce investment, delay divs amid coronavirus

Three of Russian metals and mining companies said on Wednesday they were tightening belts with tools varying from reduced investment to delayed dividends or postponed asset purchases as the new coronavirus outbreak is adding to risks.

BRIEF-Russia's MMK Sees Risks Of Declining Sales Volumes In Q2

* SAYS IN Q2 2020, THE GROUP SEES RISKS OF DECLINING SALES VOLUMES AMID WEAKER BUSINESS ACTIVITY

BRIEF-Russia's MMK Currently Sees Minimal Impact Of Coronavirus Pandemic On Investments In 2020

* SAYS THAT AT THE MOMENT, THERE IS NO CRITICAL IMPACT ON SALES IN THE COMPANY'S MAIN MARKETS AMID THE SPREAD OF THE CORONAVIRUS

Weak demand to put pressure on Russian steelmaker MMK in Q4

Weak demand abroad and lower domestic consumption will put pressure on Russian steelmaker MMK's financial results this quarter, it said on Thursday, after reporting a 22% year-on-year fall in third-quarter core earnings.

UPDATE 1-Russian steelmaker MMK's record year loses shine in last quarter

Russian steelmaker MMK's fourth quarter core earnings fell 9.3 percent year-on-year although it said earnings for 2018 as a whole were up 19 percent to a record $2.4 billion.

UPDATE 2-Russian steelmaker MMK cautious after strong quarter, delays Turkey project

* Says 2018 capex to exceed originally planned $800 mln (Adds details about Turkey project, context)

Kremlin aide wants top firms to invest more rather than pay windfall tax

Kremlin aide Andrei Belousov said on Friday he would like major Russian firms to invest in social projects rather than pay higher taxes, weeks after he proposed raising 500 billion rubles ($7.5 billion) a year from metal and mining firms.

Top Russian businessmen arrive at government talks on windfall tax

The heads of Russia's top metal and chemical producers arrived at the Moscow headquarters of a business lobbying group on Friday for talks with the government on a possible windfall tax on their firms.

Rouble, caught in 'perfect storm', sinks to lowest since mid-2016

The Russian rouble sank to its lowest level since early June 2016 on Friday, battered by concerns over the impact of new U.S. sanctions, falling oil prices and a broadly stronger dollar.

MEDIA-Kremlin aide says Russian mining firms "need to share" - Vedomosti

* Kremlin economic aide Andrei Belousov, whose proposal to raise 500 billion roubles ($7.5 billion) a year from metal and mining firms is to be considered by Russian President Vladimir Putin, said the companies "need to share", according to Vedomosti newspaper.

Russia's fin min says no decision yet on raising revenue from commodities firms

Russian Finance Minister Anton Siluanov said on Friday the government would draw up a report on the revenue of commodities firms after the Kremlin approved discussion of a proposal to raise additional revenue from metals and mining companies.

Putin wants $7.5 billion Russian miners tax discussed, shares drop

Vladimir Putin has ordered that a proposal to raise 500 billion roubles ($7.5 billion) a year from metal and mining firms be looked at, but the Russian president has not decided whether to approve the plan by a Kremlin economic aide.

Kremlin backs discussion of idea to raise revenue from metals firms

Russian President Vladimir Putin agrees that a proposal to prop up the budget by raising more revenue from metals and mining companies should be discussed, but has not made any decision, Kremlin spokesman Dmitry Peskov said on Friday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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