In the first 9 months of 2026, MMK increased sales of steel products by 6.5% to 7.88 million tons compared to a year earlier. This is stated in the company's message.
Sales of premium products increased by 11.1% to 3.3 million tons.
Coal concentrate production increased by 4.6% to 2.266 million tons. Pig iron smelting increased by 8.2% to 7.116 million tons. Steel production amounted to 8,181 million tons, an increase of 7.4%.
Magnitogorsk Iron and Steel Works PJSC (TIN 7414003633) is a steel manufacturer. The company's assets in Russia are a metallurgical complex with a full production cycle, starting with the preparation of iron ore raw materials and ending with the deep processing of ferrous metals.
MMK's RAS net profit for the first 9 months of 2026 increased by 40.7% to RUB 23.36 billion from RUB 16.6 billion a year earlier. Revenue amounted to 375.68 billion rubles against 390.95 billion rubles. Gross profit increased by 0.7% to 64.09 billion rubles from 63.65 billion rubles.
On September 30, 2024, the AK&M rating agency confirmed MMK's highest rating of non-financial (in the field of sustainable development) reporting.
According to RA AK&M, MMK is among the leaders of the social efficiency rating of the largest Russian companies.
