Magnitogorsk Iron and Steel Works
OverviewSuggest Edit
Magnitogorsk Iron and Steel Works (MMK) is a manufacturer of iron and steel products. Its operations include a steel-producing complex encompassing the production chain from the preparation of iron ore to downstream processing of rolled steel. The company offers rolled steel, flat, long, coated and galvanized products, and tin plates. It serves the pipe-making, automotive, railroad machinery, shipbuilding, construction, and other industries.
| Type | Public | |
| Founded | 1932 | |
| HQ | Magnitogorsk, RU | Map |
| Website | eng.mmk.ru |
Locations
Magnitogorsk Iron and Steel Works is headquartered in
Magnitogorsk, Russian Federation
Key People/Management at Magnitogorsk Iron and Steel Works
Pavel V. Shilyaev
Andrey A. Eremin
Sergei V.Shepilov
Pavel A. Kravchenko
Sergey V. Krivoshchekov
Sergei A. Nenashev
Magnitogorsk Iron and Steel Works Office Locations
Magnitogorsk Iron and Steel Works Financials and Metrics
Magnitogorsk Iron and Steel Works Revenue
| USD | |
|---|---|
Revenue (Q3, 2019) | 2.0b |
Gross profit (Q3, 2019) | 591.0m |
Gross profit margin (Q3, 2019), % | 29.4% |
Net income (Q3, 2019) | 271.0m |
EBITDA (Q3, 2019) | 525.0m |
EBIT (Q3, 2019) | 386.0m |
Market capitalization (8-Apr-2021) | 694.7b |
Closing stock price (8-Apr-2021) | 62.1 |
Cash (30-Sept-2019) | 936.0m |
EV | 694.6b |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 241.0m | 538.0m | 814.0m | 279.0m | 671.0m | 1.1b | 225.0m | 497.0m | 768.0m |
Depreciation and Amortization | 130.0m | 267.0m | 399.0m | 144.0m | 285.0m | 419.0m | 119.0m | 240.0m | 371.0m |
Inventories | (135.0m) | (50.0m) | 4.0m | 82.0m | 164.0m | 106.0m | 66.0m | 77.0m | 46.0m |
Accounts Payable | 86.0m | 12.0m | 103.0m | (131.0m) | (133.0m) | (95.0m) | 28.0m | (5.0m) | (67.0m) |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 311.4k |
Debt/Equity | 0.1 x |
Debt/Assets | 0.1 x |
Financial Leverage | 1.4 x |
Magnitogorsk Iron and Steel Works Operating Metrics
| FY, 2016 | Q4, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Finished Products Sold (MMK Group), tonnes | 11.45 m | 2.83 m | 11.62 m | 2.83 m | 2.85 m | 3.05 m | 2.94 m | 11.66 m | 2.78 m | 2.86 m | 2.90 m |
Long Products Sold (MMK Group), tonnes | 1.33 m | 342 k | 1.37 m | 284 k | 364 k | 386 k | 356 k | 1.39 m | 329 k | 366 k | 340 k |
Slabs and Billets Sold (MMK Group), tonnes | 104 k | 2 k | 4 k | ||||||||
Flat Hot-rolled Products Sold (MMK Group), tonnes | 4.87 m | 1.22 m | 4.97 m | 1.20 m | 1.10 m | 1.32 m | 1.23 m | 4.85 m | 1.11 m | 1.06 m | 1.14 m |
Magnitogorsk Iron and Steel Works Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| LMC Group | December 19, 2017 | $10 m |
| LLC IK MMK Finance | ||
| LLC Mekhanoremontny Komplex | ||
| LLC MMK LMZ | ||
| LLC MMK Ugol | ||
| LLC MMK Vtormet | ||
| LLC MTSOZ | ||
| LLC Ogneupor | ||
| LLC OSK | ||
| LLC Stroitelny Komplex |
Magnitogorsk Iron and Steel Works Revenue Breakdown
Magnitogorsk Iron and Steel Works revenue breakdown by business segment: 7.5% from Steel (Turkey), 91.8% from Steel (Russia) and 0.6% from Other
Magnitogorsk Iron and Steel Works revenue breakdown by geographic segment: 9.0% from Middle East, 79.0% from Russian Federation and the CIS and 12.0% from Other
Magnitogorsk Iron and Steel Works Cybersecurity Score
Magnitogorsk Iron and Steel Works Environment, Social & Governance (ESG) Ratings
Magnitogorsk Iron and Steel Works Online and Social Media Presence
226 Twitter followers
Magnitogorsk Iron and Steel Works has 226 Twitter Followers. The number of followers has increased 1.4% month over month and increased 7.9% quarter over quarter
Magnitogorsk Iron and Steel Works's Trends
Twitter Engagement Stats for @MMK_Steel
639
Tweets
91
Following
226
Followers
22
Tweets last 30 days
1.6
Avg. likes per Tweet
86.4%
Tweets with engagement
Magnitogorsk Iron and Steel Works Frequently Asked Questions
When was Magnitogorsk Iron and Steel Works founded?
Magnitogorsk Iron and Steel Works was founded in 1932.
Who are Magnitogorsk Iron and Steel Works key executives?
Magnitogorsk Iron and Steel Works's key executives are Pavel V. Shilyaev, Andrey A. Eremin and Sergei V.Shepilov.
How many employees does Magnitogorsk Iron and Steel Works have?
Magnitogorsk Iron and Steel Works has 17,887 employees.
What is Magnitogorsk Iron and Steel Works revenue?
Latest Magnitogorsk Iron and Steel Works annual revenue is $8.2 b.
What is Magnitogorsk Iron and Steel Works revenue per employee?
Latest Magnitogorsk Iron and Steel Works revenue per employee is $459.2 k.
Who are Magnitogorsk Iron and Steel Works competitors?
Competitors of Magnitogorsk Iron and Steel Works include SSAB, NLMK and Evraz.
Where is Magnitogorsk Iron and Steel Works headquarters?
Magnitogorsk Iron and Steel Works headquarters is located at Ulitsa Kirova, 93, Magnitogorsk.
Where are Magnitogorsk Iron and Steel Works offices?
Magnitogorsk Iron and Steel Works has offices in Magnitogorsk and Shanghai.
How many offices does Magnitogorsk Iron and Steel Works have?
Magnitogorsk Iron and Steel Works has 2 offices.
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