Content of the report:
- Share Price Is Now Much Closer To Adequate;
- Finished Steel Production Decreased By 20% In 2009;
- MMK And TMK Extended Their Partnership;
- Very Positive 9m 2009 Financial Results;
- Slab Casting Machine;
- BBA Investment Rating;
- Quarterly Income Statement (Historical);
- Key Financial Ratios (Historical)
Summary of the report:
Author of this report expects the production of Magnitogorsk Iron and Steel Works to continue increasing in 2010 and even after. However, the growth in 2011 and 2012 is expected to be slow, reflecting stabilized market not the fast recovery.
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