Magnitogorsk Iron and Steel Works (Russian: Магнитогорский металлургический комбинат, romanized: Magnitogorskiy Metallurgicheskiy Kombinat), abbreviated as MMK, 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. Historically, the centre of Russian iron production had been focused in the Tula region. However, in the early part of the 18th century, a shift towards developing the industrial capabilities of the Urals took place which more than doubled Russia's iron production. In 1828, a series of geological surveys began as part of an effort to determine the mineral make up of the Megnitnaya Mountain and create estimates of the possible amount of iron contained under it. By the latter part of the 19th century, a small town had grown up which reported more than 10,000 residents. During this time, between 30,000 and 50,000 tons of raw iron were extracted in the area annually. More information...
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