Magnitogorsk Iron & Steel Works operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Magnitogorsk Iron & Steel Works with three other
steel companies in Europe:
sales of 5.69 billion Euro [US$6.36 billion]
of which 66%
of the United Kingdom
(£5.74 billion [US$7.44 billion]
of which 71%
was Steel), and
(276.01 billion Russian Rubles [US$4.90 billion]
of which 59%
During the year ended December of 2016, sales at
Magnitogorsk Iron & Steel Works were 371.86 billion Russian Rubles (US$6.60 billion).
increase of 4.0%
versus 2015, when the company's sales were 357.56 billion Russian Rubles.
This was the third consecutive year of growth at Magnitogorsk Iron & Steel Works.
Sales of Steel/russia saw an increase
4.4% in 2016, from
322.84 billion Russian Rubles to 336.92 billion Russian Rubles.
Not all segments of Magnitogorsk Iron & Steel Works experienced an increase in sales in 2016:
sales of Coal Mining fell 41.9% to 462.35 million Russian Rubles.
(However, this segment's sales were only a very small portion of the company's overall sales).