Open Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME)

MCX - MCX Delayed Price. Currency in RUB
28.44-0.12 (-0.42%)
At close: 11:47 AM EDT
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Prev Close28.56
Bid0.00 x 140000
Ask0.00 x 100000
Day's Range28.44 - 28.88
52wk Range16.30 - 33.53
1y Target EstN/A
Market Cap317.79B
P/E Ratio (ttm)812.57
Avg Vol (3m)11,166,810
Dividend & YieldN/A (N/A)
Earnings DateN/A
  • Bloomberg2 years ago

    Fortescue Price Slump Slows Russian Steelmaker’s Move to Sell

    OAO Magnitogorsk Iron & Steel is stumbling over declining prices as it moves toward selling its stake in Australia’s Fortescue Metals Group Ltd. (FMG) The Russian steelmaker is still trying to reach a ...

  • Reuters3 years ago

    Putin appoints new head of Russian industrial region

    President Vladimir Putin appointed the director of a leading steel company as the interim governor of one of Russia's main industrial regions on Wednesday, replacing Mikhail Yurevich, a target of graft investigations by the opposition. Boris Dubrovsky, the general director of one of Russia's top four steelmakers, MMK, will replace Yurevich who had resigned, the Kremlin said in a statement on its website. Opposition leader and anti-corruption campaigner Alexei Navalny has posted on his blog several times about Yurevich, who since 2010 has served as governor of the Chelyabinsk region, Russia's metals, mining and manufacturing heartland. The Kremlin said Dubrovsky's appointment was aimed at tackling a crisis in Russia's industrial metals companies, many of whom have operations in the region.

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