MMK reported for 3 months of 2026 under IFRS

Magnitogorsk Metallurgical Plant's IFRS loss for 3 months of 2026 amounted to ₽1.37 billion, compared to a profit of ₽3.14 billion in the previous year. Revenue decreased by 18.6% to ₽129.03 billion, compared to ₽158.46 billion a year earlier.