Annual report 2007 - Magnitogorsk Iron & Steel Works ...

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Nikolai Kolomiets, Director for Sales, OJSC MMK:
“Summarizing the results of 2007, we can say that it was another year
of fast growth for the Russian steel market. It was driven by the high rate
of the country’s economic growth in general, and a favourable situation
on the export markets. Investments in and the development of the Russian
industry and business relations with the largest steel consumers are
factors determining a stable growth of MMK’s sales.”