Moscow Exchange: MAGN

How many employees work at Magnitogorsk Iron & Steel?

Magnitogorsk Iron & Steel Works PJSC (MAGN) has approximately 3,433 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Magnitogorsk Iron & Steel’s total headcount has declined 7.5% from 3,710 employees in 2023 to 3,433 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

Is Magnitogorsk Iron & Steel hiring right now?

No, Magnitogorsk Iron & Steel is not actively hiring. Magnitogorsk Iron & Steel had 0 active job postings in 2026, a 200.0% decline from 2025 see job openings & hiring trends.

About Magnitogorsk Iron & Steel’s Workforce

Magnitogorsk Iron & Steel Works PJSC (MAGN) is a Materials Manufacturing company that employs 3,433 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. Founded in 1932, the company is headquartered in Magnitogorsk, Russia and trades on the Moscow Exchange.

Magnitogorsk Iron & Steel's workforce has declined 7.5% from 2023 to 2026, down 2.6% year over year in 2026. It fell to a low of 3,433 in 2026 Q1 before recovering. Its workforce is concentrated most in Central and Western Asia (34.2%), followed by South Asia (27.7%) and Eastern Europe (24.4%).

Magnitogorsk Iron & Steel's functional groups are Finance and Operations (40.9%), Engineering (34.2%), and Sales and Marketing (24.9%). The average salary is $22,211, ranging from a median of $70,000 in North America to $8,000 in Southeast Asia, up 1.5% year over year in 2026.

Magnitogorsk Iron & Steel's active job postings fell 200.0% in 2026 to 0, with new postings per month cooling from 4 in 2023 to 0 in 2026. Overall employee sentiment is neutral and broadly stable.

Sourced from Revelio Labs workforce data.

Ticker
Moscow Exchange: MAGN
Headquarters
Magnitogorsk, Russia
Founded
1932
Industry
Materials Manufacturing
Employees
3,433
YoY
-2.6% (-131)

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Magnitogorsk Iron & Steel Annual Employee Count (2023-2026)

Interactive chart of Magnitogorsk Iron & Steel annual worldwide employee count from 2023 to 2026.
  • Magnitogorsk Iron & Steel had 3,433 employees in 2026, a 2.6% decline (-131) from 2025.
  • Magnitogorsk Iron & Steel had 3,446 employees in 2025, a 2.9% decline (-162) from 2024.
  • Magnitogorsk Iron & Steel had 3,608 employees in 2024, a 0.8% decline (-71) from 2023.
  • Magnitogorsk Iron & Steel had 3,679 employees in 2023, a 0.3% decline (-101) from 2022.

Magnitogorsk Iron & Steel's total workforce has declined from 3,710 employees in 2023 to 3,433 in 2026.

Magnitogorsk Iron & Steel Works PJSC quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q13,433-131-2.6%
2025Q43,446-162-2.9%
2025Q33,450-211-3.5%
2025Q23,505-202-3.2%
2025Q13,564-113-1.5%
2024Q43,608-71-0.8%
2024Q33,661-34-0.2%
2024Q23,707-3+0.2%
2024Q13,677-55-0.6%
2023Q43,679-101-0.3%
2023Q33,695-109-0.5%
2023Q23,710-179-1.5%

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Magnitogorsk Iron & Steel Employee Count by Region (2026)

Central and Western Asia accounts for the largest share of Magnitogorsk Iron & Steel's global workforce with approximately 34% of total employees, followed by South Asia and Eastern Europe.

Magnitogorsk Iron & Steel employees by region

RegionEmployees% of Total
Central and Western Asia1,17034.2%
South Asia94727.7%
Eastern Europe83424.4%
Southeast Asia1353.9%
North America672.0%
North Africa531.6%
Sub-Saharan Africa381.1%
Western Europe371.1%
Arab States361.1%
East Asia270.8%

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Magnitogorsk Iron & Steel Employee Count by Department (2026)

Magnitogorsk Iron & Steel's employee groups are Finance and Operations (40.9%), Engineering (34.2%), and Sales and Marketing (24.9%).

Magnitogorsk Iron & Steel employees by department

DepartmentEmployees% of Total
Finance and Operations1,26940.9%
Engineering1,06234.2%
Sales and Marketing77224.9%

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Magnitogorsk Iron & Steel Employee Salary by Region (2026)

Magnitogorsk Iron & Steel's average employee salary is $22,211 globally. Employees in North America receive the highest compensation, with median pay approximately 3.2x the global average. Pay is lowest in Southeast Asia, at a median of $8,000.

Magnitogorsk Iron & Steel median employee salary by region (USD)

RegionMedian Salary
North America$70,000
Western Europe$56,000
Northern Europe$47,000
East Asia$37,000
Eastern Europe$32,000
Southern Europe$24,000
Arab States$22,000
Central and Western Asia$16,000
South Asia$11,000
Southeast Asia$8,000
South America$7,000
Sub-Saharan Africa$6,000
North Africa$5,000

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Magnitogorsk Iron & Steel Job Openings and Hiring Trends (2023-2026)

Interactive chart of Magnitogorsk Iron & Steel annual active job postings from 2023 to 2026.
  • Magnitogorsk Iron & Steel had 0 active job postings in 2026, a 200.0% decline from 2025.
  • Magnitogorsk Iron & Steel had 0 active job postings in 2025, a 200.0% decline (-45) from 2024.
  • Magnitogorsk Iron & Steel had 45 active job postings in 2024, a 19.5% increase (+8) from 2023.
  • Magnitogorsk Iron & Steel had 37 active job postings in 2023, a 189.5% increase from 2022.
  • Hiring velocity in 2026: 0 new roles/month, down from 1 in 2025 and 7 in 2024.

Magnitogorsk Iron & Steel's hiring is slowing: active job postings fell 200.0% in 2026 to 0, with new postings per month cooling from 4 in 2023 to 0 in 2026.

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Magnitogorsk Iron & Steel Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Magnitogorsk Iron & Steel's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2026.

Overall

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Frequently Asked Questions About Magnitogorsk Iron & Steel

How fast is Magnitogorsk Iron & Steel growing?
In 2026, Magnitogorsk Iron & Steel's headcount shrank 2.6% to 3,433 employees, down from 3,564 in 2025.
See the full headcount history
Where are Magnitogorsk Iron & Steel employees located?
Most Magnitogorsk Iron & Steel employees are based in Central and Western Asia (34.2% of headcount), followed by South Asia and Eastern Europe.
Explore where the workforce is based
What is the average salary at Magnitogorsk Iron & Steel?
The average employee salary at Magnitogorsk Iron & Steel is approximately $22.2k per year.
Analyze the salary distribution
How many new job postings does Magnitogorsk Iron & Steel open per year?
In Q1 2026, Magnitogorsk Iron & Steel opened 0 new job postings. In 2025, Magnitogorsk Iron & Steel opened 12 new job postings — about 1 per month.
Track hiring trends by role
When was Magnitogorsk Iron & Steel founded and where is it headquartered?
Magnitogorsk Iron & Steel was founded in 1932 and is headquartered in Magnitogorsk, Russia.
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