Public Joint Stock Company Magnitogorsk Iron & Steel Works reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 11,869 million compared to USD 6,395 million a year ago. Net income was USD 3,118 million compared to USD 603 million a year ago.

Basic earnings per share from continuing operations was USD 0.279 compared to USD 0.054 a year ago.