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Magnitogorsk Iron and Steel Works

Country: Russia
Locations: Russia / Chelyabinsk Region / Magnitogorsk
Registration: Russia / Chelyabinsk Region / Magnitogorsk
Main Products/Services: Production of steel, a wide range of metal products

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Description:

PJSC Magnitogorsk Iron and Steel Works is one of the world's largest steel producers and occupies a leading position among Russian iron and steel enterprises.

The company's assets in Russia are a large metallurgical complex with a full production cycle, starting from the preparation of iron ore raw materials and ending with the deep processing of ferrous metals.

MMK produces a wide range of metal products with a predominant share of products with high added value.

In 2018, MMK Group produced 12.7 million tons of steel and sold 11.7 million tons of metal products.

MMK Group's revenue for 2018 amounted to $ 8.214 billion, EBITDA - $ 2.418 billion.