22.94
+2.05%
Close of 9 Nov 2026, in RUB
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About Magnitogorskiy Metallurgicheskiy Kombinat PAO
Its shares trade on MOEX under the ticker MAGN.ME. It has been listed since 26 December 2005.
Magnitogorsk Iron & Steel Works PJSC engages in the production of steel, encompassing preparation of iron ore to downstream processing of rolled steel. The company is headquartered in Magnitogorsk, Chelyabinskaya Oblast. The company went IPO on 2005-12-26. Its main products are sinter, coke, iron, crude steel, rolled products and ore materials. The firm offers a wide range of products such as wire rod, rebars, square bars, strips, round bars, among others. The company is also involved in the coal ore mining, processing of ore materials, sale of ferrous metal products and others. Magnitogorskiy Metallurgicheskiy Kombinat PAO operates as a supplier for such industries as: pipelines, vehicles, railway, construction and shipbuilding, among others. The firm operates domestically, as well as exports its products to the Commonwealth of Independent States (CIS) countries, Asia, the Middle East and Europe.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 26 Dec 2005
- Website
- mmk.ru ↗
Leadership
Pay as last reported
- Mr. Viktor RashnikovChairman of the Board, since 1991
- Mr. Pavel ShilyaevChief Executive Officer, Chairman of the Management Board, Director, since 2011
- Ms. Mariya NikulinaMember of the Management Board, Head of the Department of Financial Resources
- Mr. Vadim FeoktistovMember of the Management Board, Chief IT Specialist
- Mr. Sergey ShepilovMember of the Management Board, Chief Legal Officer
- Mr. Oleg ShiryaevMember of the Management Board, Deputy General Director - Production
- Mr. Aleksey KuzminMember of the Management Board, Head of Sales in RF
- Mr. Sergey NenashevMember of the Management Board, Commercial Director, since 2017
- Mr. Oleg KiykovMember of the Management Board, Director for Human Resources
- Mr. Nikolay ZvyaginHead of Prospective Development Department, PJSC MMK
- Mr. Andrey EreminDirector, Member of the Management Board, Director for Economics
- Mr. Pavel KravchenkoMember of the Management Board, Head of Logistics
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 89
- Environment
- 99
- Social
- 99
- Governance
- 70
- Direct emissions (scope 1)
- 29,305,964 t
- Energy emissions (scope 2)
- 1,323,787 t
- Value chain emissions (scope 3)
- 15,320,825 t
- Women in the workforce
- 25.31%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Magnitogorskiy Metallurgicheskiy Kombinat PAO (MMK) holds a dominant position in the metallurgical industry, both in Russia and globally. Its strong market presence and extensive production capabilities contribute to its competitive advantage.
- MMK is renowned for its advanced technological capabilities, enabling the production of high-quality steel products. This expertise allows the company to meet customer demands, maintain product superiority, and adapt to emerging industry trends efficiently.
Weaknesses
- MMK's performance is influenced significantly by fluctuations in commodity prices, particularly steel and iron ore. Market volatility can impact the company's profitability and financial stability, making it susceptible to economic downturns.
- MMK faces environmental challenges associated with its operations. The focus on sustainability and compliance with environmental regulations is crucial for long-term success, as failure to address these concerns may lead to reputational damage and potential legal issues.
Opportunities
- Emerging economies exhibit a rising demand for steel, driven by infrastructure development and urbanization. MMK can capitalize on this opportunity by expanding its presence in these markets, establishing strategic partnerships, and tailoring products to meet local requirements.
- Ongoing advancements in technology provide MMK with opportunities to improve operational efficiency, increase productivity, and enhance product quality. Investing in innovative solutions and process optimization can bolster the company's competitive edge.
Threats
- The metallurgical industry faces intense competition, with numerous domestic and international players vying for market share. MMK must continuously innovate, differentiate its products, and explore new markets to remain competitive amidst aggressive rivalry.
- Fluctuations in global economic conditions, trade tensions, and geopolitical factors pose threats to MMK's operations. The company needs to adopt agile strategies, closely monitor market trends, and mitigate risks associated with economic uncertainties and political instability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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