Magnitogorsk Iron and Steel Works Competitors and Similar CompaniesClear all
Magnitogorsk Iron and Steel Works's competitors and similar companies include Jiangxi Copper, SSAB, NLMK, Evraz, Erdemir, United States Steel, Tata Steel and POSCO.
 Magnitogorsk Iron and Steel Works Magnitogorsk Iron and Steel Works (Magnitogorskij Metallurgicheskij Kombinat, MMK, Магнитогорский Металлургический Комбинат) is a manufacturer of iron and steel. |  Jiangxi Copper Jiangxi Copper (江西銅業) is a mining company that produces and supplies copper cathodes and products. |  SSAB SSAB (formerly known as Svenskt Stål) is a steel company that specializes in high-strength steel and related services. |  NLMK NLMK Group (also known as Novolipetsk Steel, Группа НЛМК) is a company that manufactures steel products. |  Erdemir Erdemir (Eregli Demir ve Celik Fabrikalari, Eregli̇ Iron And Steel Works) is a company that produces flat steel. | |||||
Founding Date | Founding Date 1932 | Founding Date 1979 | Founding Date 1878 | Founding Date 1931 | Founding Date 1992 | Founding Date 1965 | Founding Date 1901 | Founding Date 1907 | Founding Date 1967 |
Type | Type Public | Type Public | Type Public | Type Public | Type Public | Type Public | Type Subsidiary | Type Public | Type Public |
Tags | |||||||||
Locations | Locations Magnitogorsk, RU HQ Shanghai, CN Bölgesi, TR Dörtyol, TR Istanbul, TR | Locations Nanchang, CN HQ Beijing, CN Jiujiang, CN Nanchang, CN Nanchang, CN Shanghai, CN Irvine, US | Locations Stockholm, SE HQ Buenos Aires, AR Nunawading, AU Woolloongabba, AU Santa Catarina, BR São Paulo, BR Plovdiv, BG see more | Locations Moskva, RU HQ Ittre, BE La Louvière, BE Frederiksværk, DK Strasbourg, FR Aurangabad, IN Vallese Di Oppeano, IT see more | Locations London, GB HQ Luxembourg, LU Moscow, RU | Locations Istanbul, TR HQ Zonguldak, TR | Locations Pittsburgh, US HQ Košice, SK Bristol, US Clairton, US East Chicago, US Ecorse, US Gary, US see more | Locations Mumbai, IN HQ Sao Paulo, BR Sao Paulo, BR Shanghai, CN Prague, CZ Paris, FR Düsseldorf, DE see more | Locations Pohang, KR HQ Salta, AR Auderghem, BE Rio De Janeiro, BR Vancouver, CA Beijing, CN Chengdu, CN see more |
Employees | Employees 53,1831% decrease | Employees 26,369 | Employees 14,609 | Employees 44,200 | Employees 51,56228% decrease | Employees 12,526 | Employees 21,803 | Employees 73,4326% decrease | Employees 5231% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) 8.8 b | Valuation ($) 4.8 b | Valuation ($) N/A | Valuation ($) 1.5 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||||||
Revenue (est.) | Revenue (est.) ₽609.9b (FY, 2025) | Revenue (est.) ¥539.9b (FY, 2025) | Revenue (est.) kr96.2b (FY, 2025) | Revenue (est.) ₽831.4b (FY, 2025) | Revenue (est.) $14.2b (FY, 2021) | Revenue (est.) ₺207b (FY, 2025) | Revenue (est.) $15.6b (FY, 2024) | Revenue (est.) ₹2.3t (FY, 2026) | Revenue (est.) ₩69.1t (FY, 2025) |
Cost of goods | Cost of goods ₽450.3b (FY, 2025) | Cost of goods ¥520.7b (FY, 2025) | Cost of goods kr79.4b (FY, 2025) | Cost of goods ₽526.9b (FY, 2025) | Cost of goods $7.6b (FY, 2021) | Cost of goods ₺177.8b (FY, 2025) | Cost of goods $14.1b (FY, 2024) | Cost of goods ₹936.2b (FY, 2026) | Cost of goods ₩63.9t (FY, 2025) |
Gross profit | Gross profit ₽159.6b (FY, 2025) | Gross profit ¥22b (FY, 2025) | Gross profit kr17.4b (FY, 2025) | Gross profit ₽306.6b (FY, 2025) | Gross profit $6.6b (FY, 2021) | Gross profit ₺30.8b (FY, 2025) | Gross profit $1.6b (FY, 2024) | Gross profit ₹1.4t (FY, 2026) | Gross profit ₩5.5t (FY, 2025) |
Net income | Net income (₽14.9b) (FY, 2025) | Net income ¥7.5b (FY, 2025) | Net income kr4.9b (FY, 2025) | Net income ₽63.1b (FY, 2025) | Net income $3.1b (FY, 2021) | Net income ₺694.3m (FY, 2025) | Net income $384m (FY, 2024) | Net income ₹108.9b (FY, 2026) | Net income ₩504.4b (FY, 2025) |
Operating ⚠ | |||||||||
Patent Applications | Patent Applications N/A | Patent Applications N/A | Patent Applications N/A | Patent Applications N/A | Patent Applications N/A | Patent Applications N/A | Patent Applications N/A | Patent Applications 1.3 k (FY, 2021) | Patent Applications 44.5 k (FY, 2019) |
Patents Issued | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A | Patents Issued 643 (FY, 2021) | Patents Issued 14 k (FY, 2019) |
Suppliers | Suppliers N/A | Suppliers N/A | Suppliers 20 k (FY, 2021) | Suppliers N/A | Suppliers N/A | Suppliers N/A | Suppliers N/A | Suppliers 12.9 k (FY, 2023) | Suppliers N/A |
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Jiangxi Copper
HQ
Nanchang, CN
Employees
26,369
Jiangxi Copper (江西銅業) is a mining company that produces and supplies copper cathodes and products.
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HQ
Stockholm, SE
Employees
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SSAB (formerly known as Svenskt Stål) is a steel company that specializes in high-strength steel and related services.
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HQ
Moskva, RU
Employees
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NLMK Group (also known as Novolipetsk Steel, Группа НЛМК) is a company that manufactures steel products.
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Evraz
HQ
London, GB
Employees
51,562↓ 28% decrease
Evraz is a steel manufacturing and mining company.
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