Magnitogorsk is a city located in the Chelyabinsk Oblast of Russia, situated on the eastern side of the Ural Mountains. It was founded in 1929 and is known for its significant steel production, which has played a crucial role in the country's industrial development. The city is named after the nearby Magnitnaya Mountain, which is rich in iron ore. The population of Magnitogorsk is approximately 400,000 residents. The city features various cultural and educational institutions, including theaters, museums, and universities. Its economy is primarily driven by the Magnitogorsk Iron and Steel Works, one of the largest steel plants in Russia, contributing to both local and national economic growth.