Topic summary

Magnitogorsk Iron and Steel Works

Magnitogorsk Iron and Steel Works

53°25′54″N59°03′16″E / 53.43167°N 59.05444°E / 53.43167; 59.05444

Magnitogorsk Iron and Steel Works (Russian: Магнитогорский металлургический комбинат, romanized: Magnitogorskiy Metallurgicheskiy Kombinat), abbreviated as MMK, informally called Magnitka (Магнитка), is an iron and steel company located in the city of Magnitogorsk, Russia. As of 2017, it was the 30th largest steel company in the world. In 2021, the company's revenue amounted to 786 billion rubles (€7,471,716,000).