Magnitogorsk

Russian Steelmaker MMK Announces IPO Plans

One of Russia’s largest steelmakers, Magnitogorsk Iron & Steel Works (MMK) plans to float shares in London and Moscow with ABN Amro, Morgan Stanley and Renaissance Capital acting as lead managers, the firm said on Monday, March 26.

Popularity: 2% [?]

March 26, 2007

1 Worker Killed, 5 Missing in Steel Plant Fire in Urals

At least one worker has been killed and five are still missing in a fire at one of Russia’s largest steel and iron works in the city of Magnitogorsk in the Urals, a local emergencies spokesman said Wednesday.

Popularity: 1% [?]

November 29, 2006