Fitch affirms MMK's outlook

Fitch affirms MMK’s outlook

International rating agency Fitch Ratings affirmed Russian steel producer MMK's senior unsecured foreign currency rating of “BB-”. Moreover, the outlook of the company remains stable. The affirmation of the rating and outlook is based upon additional information MMK supplied to Fitch in order to clarify uncertainties outlined in the agency's comment released on December 23, 3004.