Magnitogorsk Iron & Steel Works Overview
- Year Founded
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1932
- Status
-
Public
- Employees
-
56,609
- Stock Symbol
-
MAGN
- Investments
-
17
Magnitogorsk Iron & Steel Works General Information
Description
Magnitogorsk Iron & Steel Works PJSC is a steel producer in Russia. The company's output includes a broad range of steel products with a portion being high-value-added. In Russia, the company operates a large steel-producing complex encompassing the entire production chain from iron-ore processing to downstream production of rolled steel. The company sells the majority of its metal products in Russia. The company's financial results are divided into three segments: the Russian steel segment; the Turkish steel segment; and the coal segment. The steel segment accounts for the vast majority of the company's revenue.
Contact Information
Website
www.mmk.ruCorporate Office
- 93 Kirov Street
- P.O. Box 000
- Magnitogorsk, 455000
- Russia
Corporate Office
- 93 Kirov Street
- P.O. Box 000
- Magnitogorsk, 455000
- Russia
Magnitogorsk Iron & Steel Works Financials Summary
|
In Thousands, USD |
TTM 31-Mar-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| Revenue | 8,942,478 | 8,937,007 | 10,203,163 | 11,848,218 |
| EBITDA | 2,231,288 | 2,267,974 | 2,121,967 | 4,497,142 |
| Net Income | 1,363,129 | 1,383,498 | 1,023,120 | 3,111,648 |
| Total Assets | 10,080,245 | 10,190,961 | 9,903,155 | 9,679,337 |
| Total Debt | 802,613 | 819,365 | 1,001,356 | 967,907 |
Magnitogorsk Iron & Steel Works Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Magnitogorsk Iron & Steel Works Comparisons
Industry
Financing
Details
Magnitogorsk Iron & Steel Works Competitors (22)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ArcelorMittal | Corporate Backed or Acquired | Luxembourg, Luxembourg | ||||
| Visa Steel | Corporation | Bhubaneswar, India | ||||
| Tata Steel | Corporation | Jamshedpur, India | ||||
| Uttam Galva Steels | Corporate Backed or Acquired | Mumbai, India | ||||
| Nucor | Corporation | Charlotte, NC |
Magnitogorsk Iron & Steel Works Executive Team (8)
| Name | Title | Board Seat |
|---|---|---|
| Pavel Shilyaev | Chief Executive Officer and General Director | |
| Sergey Sulimov | Chief Financial Officer & Director of Finance | |
| Andrei Eremin | Director for Economics | |
| Anna Andreeva | Investor Relations Manager | |
| Ilya Nechaev | Investor Relations Manager |
Magnitogorsk Iron & Steel Works Board Members (11)
| Name | Representing | Role | Since |
|---|---|---|---|
| Magnitogorsk Iron & Steel Works | Director for Economics | ||
| Self | Board Member | ||
| Self | Board Member | ||
| Magnitogorsk Iron & Steel Works | Chief Executive Officer and General Director | ||
| Magnitogorsk Iron & Steel Works | Board Member |
Magnitogorsk Iron & Steel Works Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Magnitogorsk Iron & Steel Works Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Magnitogorsk Iron & Steel Works Investments & Acquisitions (17)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| PJSC Koks (Tikhov Mine in the Leninsk-Kuznetsky, Russia ) | 20-Jul-2023 | Buildings and Property | |||
| Lysva Metallurgical Plant | 11-Dec-2017 | Industrial Supplies and Parts | |||
| BELON | 16-Oct-2013 | Coal Mining | |||
| Intercos-IV | 07-Oct-2011 | Other Commercial Products | |||
| MMK Metalurji | 15-Sep-2011 | Merger/Acquisition | Industrial Supplies and Parts |
Magnitogorsk Iron & Steel Works Subsidiaries (4)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| MMK Metalurji | Industrial Supplies and Parts | Dortyol, Turkey | 2007 |
| Lysva Metallurgical Plant | Industrial Supplies and Parts | Lysva, Russia | |
| Intercos-IV | Other Commercial Products | Saint Petersburg, Russia | |
| Bashkirskie Vtorichnye Metally | Other Commercial Services | Ufa, Russia |
Magnitogorsk Iron & Steel Works ESG
Risk Overview
Risk Rating
Updated August, 10, 2023
41.42 | Severe Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,421
Rank
Percentile
Steel
Industry
of 157
Rank
Percentile
Steel
Subindustry
of 157
Rank
Percentile
Magnitogorsk Iron & Steel Works Exits (5)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Onarbay Enterprises | 16-Oct-2009 | Completed |
|
||
| Onarbay Enterprises | 13-Mar-2008 | Completed |
|
||
| Kazankovskaya Coal Company | 05-Feb-2008 | Completed |
|
||
| Bakalskoe Rudoupravlenie | 31-Jan-2007 | Completed |
|
||
| M-Port | 01-Sep-2005 | Merger/Acquisition | Completed |
|
Magnitogorsk Iron & Steel Works FAQs
-
When was Magnitogorsk Iron & Steel Works founded?
Magnitogorsk Iron & Steel Works was founded in 1932.
-
Who is the CEO of Magnitogorsk Iron & Steel Works?
Pavel Shilyaev is the CEO of Magnitogorsk Iron & Steel Works.
-
Where is Magnitogorsk Iron & Steel Works headquartered?
Magnitogorsk Iron & Steel Works is headquartered in Magnitogorsk, Russia.
-
What is the size of Magnitogorsk Iron & Steel Works?
Magnitogorsk Iron & Steel Works has 56,609 total employees.
-
What industry is Magnitogorsk Iron & Steel Works in?
Magnitogorsk Iron & Steel Works’s primary industry is Iron and Steel Mining.
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Is Magnitogorsk Iron & Steel Works a private or public company?
Magnitogorsk Iron & Steel Works is a Public company.
-
What is Magnitogorsk Iron & Steel Works’s stock symbol?
The ticker symbol for Magnitogorsk Iron & Steel Works is MAGN.
-
What is Magnitogorsk Iron & Steel Works’s current revenue?
The trailing twelve month revenue for Magnitogorsk Iron & Steel Works is $8.94B.
-
Who are Magnitogorsk Iron & Steel Works’s competitors?
ArcelorMittal, Visa Steel, Tata Steel, Uttam Galva Steels, and Nucor are some of the 22 competitors of Magnitogorsk Iron & Steel Works.
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