MMK Futures -

Public Joint Stock Company Magnitogorsk Iron & Steel Works manufactures and sells steel products in Russia and Turkey. The company offers long products comprising round bars, hexagonal bars, flat bars, square bars, re-bars, and wire rods; shaped products consisting of angles, u-channels, and hot rolled special sections; hot-rolled and cold-rolled products, such as hot-rolled pickled narrow strips, hot-rolled pickled coils and sheets, cold-rolled steel coils, cold-rolled steel sheets, cold-rolled narrow strips, and black plates; and coated products, including hot dip galvanized rolled products, colour coated products, and tin plates. It also provides steel pipes and cold formed sections; square and rectangular billets, and slabs; and coke and chemical by-products, crushed stone and slag, limestone and dolomite, industrial gases, and other products from steel-making facilities. In addition, the company engages in coking coal mining; geological exploration, geophysical, and geochemical work in the field of subsoil studies; processing of ferrous and non-ferrous metal scrap waste; wholesale scrap trade; production, transmission, and distribution of electricity, steam, and hot water; industrial railway transport; storage and warehousing of goods; cargo transportation; construction, communication, real estate, and investment activities; production of hardware, galvanized, and painted rolled products; and rental of machinery and equipment. Its products are used in the automotive, appliances, railway engineering, mechanical engineering, bridge construction, shipbuilding, construction, consumer goods, pipe-making, and packaging industries. The company sells its products through wholesale, retail, and electronic sales. It exports its products. The company was founded in 1932 and is based in Magnitogorsk, Russia. Public Joint Stock Company Magnitogorsk Iron & Steel Works operates as a subsidiary of Mintha Holding Limited.