🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Magnitogorskiy Metallurgicheskiy Kombinat PAO (MAGN)

Currency in RUB
MAGN Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Earnings results expected in 3 days
Fair Value
Day's Range
52 wk Range
52.22 / 52.25
Prev. Close
Day's Range
52 wk Range
Average Volume (3m)
1-Year Change
Fair Value
Fair Value Upside
MAGN Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
Members' Sentiments
Trading at a low Price / Book multiple

Magnitogorskiy Metallurgicheskiy Kombinat PAO Company Profile

Public Joint Stock Company Magnitogorsk Iron & Steel Works, together with its subsidiaries, manufactures and sells ferrous metallurgy products in Russia and internationally. It offers rolled products made of high-strength steels; hot-rolled and cold-rolled products, including hot rolled pickled narrow strip, hot rolled pickled coils/sheets, cold rolled steel coils, cold rolled steel sheets, cold rolled narrow strips, and black plates; long products, such as wire rods, rebars, square bars, flat bars, hexagonal bars, and round bars; and coated products, consisting of color coated products, hot dip galvanized rolled products, and tin plates. The company also provides cold formed sections and steel pipes; shaped products, such as U-channels, angles, and hot rolled special sections; slabs; and square and rectangular billets. In addition, it offers other products, comprising products of the coke and chemical by- products division; crushed stone and slag; limestone and dolomite; industrial gases; and other products. Further, the company is engaged in various activities within the production cycle or sale of metal products; and the mining and sale of coal. Its products are used in the automotive, appliances, railway engineering, mechanical engineering, bridge construction, shipbuilding, construction, consumer goods, packaging, and pipe-making industries. The company was founded in 1932 and is based in Magnitogorsk, Russia. Public Joint Stock Company Magnitogorsk Iron & Steel Works operates as a subsidiary of Mintha Holding Limited.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.