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

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90<br />

Mikhail Buriakov, OJSC MMK’s Director for Corporate<br />

Integration Policy, Member of the OJSC MMK Management<br />

Board:<br />

“Vertical integration with companies upstream and downstream<br />

of MMK’s process chain, will allow our Company to enhance its<br />

raw materials supply security, expand value added production, and<br />

consolidate our presence on the steel markets. MMK’s vertical<br />

integration projects are conceived and implemented in line with the<br />

Company’s Plan of Strategic Development for the Period up to<br />

2016.”

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