Report title: Magnitogorsk Iron and Steel Works (MMK): Company Update and Analyst Comment on Latest Events 10/23/09
from Baltic Business Analysis
9 page report published Oct 23, 2009

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Contents: Comment on Company’s Latest Events and Forecast; STOCK PRICE MAY BE EVEN HIGHER IN MID-TERM; COOPERATION WITH RENAULT-NISSAN; MMK CONTROLS BELON NOW; PROMISING RESULTS; STRONG FINANCIAL POSITION LOWERS RISK LEVEL; Comment on Industry’s Latest Events and Forecast; RUSSIA’S METAL INDUSTRY IS RECOVERING; DEMAND ON NICKEL AND ALUMINUM IS EXPECTED TO GROW; POSITIVE NEWS FROM CHINA; RIO RAISED ITS 2009 FORECAST FOR IRON ORE OUTPUT; Prices on London Metal Exchange; Country’s Highlights; THE DYNAMIC OF RTS LOOKS BETTER COMPARED WITH OTHER INDEXES; INDUSTRIAL PRODUCTION RECOVERS; GDP WILL RECOVER IN 2012; RUSSIA’S GDP DECREASED YEAR-ON-YEAR BUT GREW QUARTER-ON-QUARTER; THE ECONOMY IS EXPECTED TO GROW IN LONG-TERM; TOO PROMISING BUT STILL TOO RISKY. This report provides analyst comment on company’s latest events and performance. Additionally, comment and opinion on recent events and growth-driving factors of industry and country of primary business are provided. Report contains forecast on business risk and growth possibilities of the company, industry and country of primary business, providing reader with necessary information to make decisions. Key reasons to read this report: - Report contains only relevant information, leaving out excessive data. - Understand company’s historic performance and opportunities, competitive situation and business risk. - Understand which events influence company performance.- Understand which events influence the situation of industry.- Independent comment and opinion from local analyst.

Source: Baltic Business Analysis
Author: Dmitri Timindzijev
Document ID: 169
Country: Russia
Industry: Metals
Ticker: MAGN=RU
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