It is expected that steel consumption in Russia will grow in 2012 faster than in the world at average. Steel consumption growth, realised investments in equipment modernisation and mastering of new products will help MMK to increase production of finished products in 2012 at its Russian facilities.

General MMK Group output growth of finished steel products in 2012 may reach 15% among other due to ramp-up to full production capacity at the company's facilities in Turkey.

MMK plans to publish its consolidated IFRS financial results for Q4 2011 and 2011 in early April 2012.